The 50/100 SMA death cross is cascading through low timeframes
First the daily back in November, then the 2-day in late December
Waiting for the 3-day confirmation has historically meant reacting after the bulk of the downside has already completed
Caution is warranted here as the 3-day cross approaches
The 2-day has historically produced -50 to -62% drawdowns post-cross
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The 50/100 SMA death cross is cascading through low timeframes
First the daily back in November, then the 2-day in late December
Waiting for the 3-day confirmation has historically meant reacting after the bulk of the downside has already completed
Caution is warranted here as the 3-day cross approaches
The 2-day has historically produced -50 to -62% drawdowns post-cross