I dislike DMA and much prefer EMA, like the linear price axis they are a remnant of the days before modern calculating machines and there is no excuse for using them now that we are in the
Century of the Anchovy.
But the 200 DMA has now been crossed & recrossed 23 times (I counted them) in the last year, which is because the SP is going up and down like a
gooseberry in a lift (1:55 onwards) setting lower highs and higher lows in the process, a condition known by the
chartists, apparently, as a wedgie.
As, so far, we do not have a break from tradition with either a lower low or crossing the underside boundary of the wedgie thing then all I fail to see the significance of the crossing of one particular inappropriately chosen squiggly line.
Best Wishes
Paper Tiger