“Death Cross” Confirmation in Commodities
Michael Hewson of CMC Markets speaks about the confirmation of the so called “death cross” in the broad commodity index chart. It’s a cross of the 50-day moving average below 100-day moving average. The pattern was followed by the bearish trend 3 times out of 4 during the last 10 years. The ”death cross” pattern is also confirmed by the
Video of Michael Hewson for Cantos.
If you found this video useful and want to see more videos like this one or if you want to see a commodity trading video on some other topic, please, leave your response using the form below.