Mathsio

GOLDEN CROSS FAKEOUT?!

OANDA:SPX500USD   S&P 500 Index
We were extremely close to a golden cross on the S&P 500 but todays price action puts this into question. It is starting to look like a major fakeout. Are we going to make a lower low? I dont know, currently we still have 21 EMA on the weekly as support. And with price action above 21 EMA i can’t exacly be looking for a lower low be set.
💥[POW] 💥 The whole is greater than the sum of its parts

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