A “golden cross” has appeared on the S&P 500. What does it mean?

A “golden cross” has appeared on the S&P 500. What does it mean?

February 15, 2023 / Press Release ☑️ /


Originally posts at The Business Goals.

A “golden cross” is a situation on a chart where the short-term and long-term moving averages intersect from bottom to top. This situation is usually considered a signal for further market growth. Roughly speaking, “it is possible to take”. The rally in the stock market led to the emergence of a rare figure of technical […]

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