DislikedWell, open your G/J daily chart and look at how often the 20SMA crosses the 55EMA. Not often. Has it been a reliable signal over the last 4-5 years? Yes. I already posted previously about monthly close below 153.5 and this level being POC for G/J. RSI and MACD give bearish divergence (although MACD give hidden bullish too). Lastly, daily MACD is properly below 0 for the first time in SEVEN months.
If the trend is up, why is MACD below 0 and daily price not above 20SMA?Ignored
Look at your trading system - wait for signal - GO - don't greedy..