The Resurrection CrossWhen the 50 day moving average crosses above the 200 day moving average, it is called a Resurrection Cross. Conversely, when the 50 day moving average crosses below the 200 day mov... is a powerful chart pattern that demonstrates the power of rebirth and resilience. This chart pattern displays the cyclical nature of the markets, effectively showing how past losses can be overcome and gains can be made. It is a powerful symbol of hope and inspiration that can be used to motivate traders to continue pushing forward, no matter what the market throws at them.
The Power of the Resurrection Cross
The Resurrection Cross is a highly potent chart pattern that symbolizes the power of rebirth and resilience in stock markets. This powerful chart pattern appears when two downward trending lines, or ‘death crosses’, intersect, forming a cross. This cross then rises, forming an upward trend that represents the possibility of gains, even after losses have occurred. The most common time frames of a Resurrection Cross is the 50 day moving average and the 200 day moving average. When the 50 day moving average crosses above the 200 day moving average, it is called a Resurrection Cross. Conversely, when the 50 day moving average crosses below the 200 day moving average, it is called a Death Cross. This chart pattern is a powerful visual representation of the cyclical nature of stock markets.
