ToodlesTrader

ToodlesTrader

We all know this death cross will happen the question is how long will we stay under the 200 DMA. If you look back you can see that it wouldn't be the first time we had a death cross followed by a bull run ( Sep 2015) will this repeat. With the OTC market drying up will this be the last chance we get to buy at these levels or are we in for a long accumulation...

ToodlesTrader

I noticed this wave pattern on the daily. If we can break the 11k and close a daily candle above 11k Could this play out? If so where does that put our next wave target? Please feel free to give me your insight. Be nice I do have feel bads ;)

ToodlesTrader

A golden cross is when the 100 MA crosses the 50 MA. We have just crossed over on the daily chart. When this happens on the daily chart you have your golden cross. This is a powerful BULLISH indicator. I have seen them cross back down as the bears try to over power the bulls but the bulls usually win. Lets keep watching this to see what happens.