Composite Help Indicator Crosses the Zero Line (1 of 2)
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On Thursday April 18, the Composite Help Indicator crossed below the zero line. This type of action always occurs before a pullback, correction or bear market, but it’s not a guarantee a market sell-off will automatically follow.
Just as dark clouds overhead increase the possibility of rain, they do not guarantee it will rain – but it never rains without clouds appearing first. Likewise, a crossover of the Composite Help Indicator increases the probability of a market sell-off – dark clouds are gathering overhead this market.
This video was posted at murphytrading.com on April 22, 2019. A follow up video will be uploaded in June.
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MACD Crossover Zero Line Alert mt4, Composite Help Indicator Crosses the Zero Line (1 of 2).
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