Have you heard of the Golden Cross signal? If you listen to the media, you’ll hear about the Golden Cross (like how the market is bullish when it occurs). But is it true? Well, that’s what you’ll learn today… What is a Golden Cross and how does it work? The Golden Cross is a bullish phenomenon when the 50-day moving average crosses above the 200-day moving average. Here’s why… When the market is in a long-term downtrend, the 50-day moving average is below the 200-day moving average. However, no downtrend lasts forever. So, when a new uptrend begins, the 50-day moving average must cross above the 200-day moving average — and that’s known as the Golden Cross. An example of a Golden Cross chart: This post was originally posted here. The writer, Rayner Teo is a veteran community member and blogger on InvestingNote, with username known as Rayner and has 457 followers. Pro Tip: The opposite is the Death...