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The Dow Just Reversed its Death Cross and Flashed a Golden Cross

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The Dow just reversed its short-lived, bearish ‘death cross’ and flashed a bullish ‘golden cross’ Matthew Fox Nov 15, 2023, 3:46 PM EST The Dow Jones Industrial Average just reversed a bearish signal that flashed on Monday. The bearish “death cross” that took place earlier this week was reversed into a bullish “golden cross” on Wednesday. The moving average cross-over strategy is a lagging signal often used by traders and technical analysts. The October CPI report sparked a big enough rally in the stock market this week to flash a bullish buy signal and reverse a short-lived technical sell signal that developed on…

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QNavy is a pool of 3 former Navy Officers, U.S. Navy & French Navy, who served proudly their countries, specialized in conflict analysis as per their respective skills & experience on Special Ops. #NavyVetUnited

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