CNBC headline story of the day..."Dollar forms bullish 'golden cross' - here's how to trade it"
The article explains how whenever a 50 day moving average of an index's price crosses over the 200 day moving average, it's a signal the index is going to move further in the direction of the cross. On this chart, we have the 50 day crossing over the 200 day three times prior to yesterday's cross over. And how did this "can't miss" signal do? Well, it's 0 for 3. Last October,...Read more