Assume the 50-Day Moving Average Is Currently Intersecting the 200-Day

question 47

Multiple Choice

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.

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