The NVT Golden Cross suggests that 65,800 could mark a potential short-term local top.
A value above 2.2 suggests that the market cap (price) is outpacing transaction volume and so potentially signaling a reversion to the mean.
Conversely, a value below -1.6 indicates that the market may be undervalued and is likely to revert to its mean value soon.
The deeper the value moves into these zones, the stronger the signal becomes
These values are interpreted as signals for potential long and short positions by also taking into account the global chart and trend.
Written by Darkfost