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Death / Golden Cross (Unsplash) For many people, trading cryptocurrencies simply involves buying and holding particular coins in the hope that the coins will appreciate in value over time.
The death cross is the exact opposite of the golden cross, signaling a decisive downturn in a market. The death cross occurs when the short-term average trends down and crosses the long-term average.
Earlier this year, the S&P 500 triggered a rare “golden cross” signal. And such a stock indicator tends to mark the start of big new bull markets. Golden crosses are triggered when a short ...
While the S&P 500 is set to complete its golden cross on Wednesday, the Nasdaq 100 index experienced a golden cross signal on June 2. Since its golden cross, the Nasdaq 100 has risen by 8.9%.
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