Nasdaq100 MA200 Crossover 2018-05-23

Moving Averages, also named MA is an important Technical analysis indicator. The Moving Averages of the last 200 days can indicate how the trend is formed on a certain stock, index etc.
It is general knowledge that MA200 (Moving Average over the last 200 days) on a daily timeframe, will indicate if assets is in uptrend or downtrend.
If the MA200 line is crossed then it could indicate a change in trend from downtrend to uptrend or from uptrend to downtrend.

Nasdaq100 MA200 Crossover 2018-05-23

Checkout MA200 Crossover from 2018 March here