Trading Tips 🫡

A "death cross" in the financial world is when the shorter-term moving average, like the 50-day, drops and crosses below the longer-term moving average, typically the 200-day. 📉🚫 This spooky-sounding event suggests that in the recent 50 days, prices have been trending lower, bringing the average price down to a level lower than the average of the past 200 days. 📉📉 This is often seen as a classic bearish signal in the markets, especially in traditional ones. 🐻📉

#FinancialJargon #BearishSignal