Is Crispin Odey's Golden Cross Momentum Signal About To Be Hit?

Is Crispin Odey’s “ golden cross ” about to occur? The golden cross is known in certain algorithmic trading circles as the point at which price momentum in one direction tends to trigger additional force in the direction of the trend. It often occurs when a shorter-term price moving average crosses another longer term price moving average, the historical basis for the trend following execution trigger. In Odey’s case, the golden cross, if it were to occur, would hypothetically indicate a sell signal, but the cross is not a technical indicator in this case for several reasons, most specifically because…