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Death Cross

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Death Cross
A crossover resulting from a Security's Long-term moving average breaking above its Short-term moving average or support level.
    
As Long-term indicators carry more weight, this trend indicates a Bear market on the horizon and is reinforced by High trading volumes. Additionally, the Long-term moving average becomes the new Resistance level in the rising market.. In financial markets, a situation where Long-term and Short-term averages converge, seen as evidence that values Will decline is a Death Cross .
Posted by  Cityscape Abu Dhabi
 
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