Question

Assume the 50-day moving average is currently intersecting the 200-day moving average. Also assume the 50-day average is downward sloping and the 200-day average is upward sloping. Which one of the following statements is accurate based on this information?
A. The 50-day moving average is bullish.
B. The short-term forecast is bullish.
C. The long-term trend may be preparing to change.
D. The long-term outlook is bearish.
E. The short-term trend will change to match the long-term trend.

Answer

This answer is hidden. It contains 15 characters.