Edited by jmicou, 12 November 2015 - 03:35 PM.
SPX 50/200 EMA Cross
Started by
jmicou
, Nov 12 2015 03:32 PM
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#1
Posted 12 November 2015 - 03:32 PM
The 50/200 DEMA is on the verge of crossing 50 over 200. A cross back down does not frequently verify that a big down trend is underway; instead it reflects corrective action. However, a look at these DEMAs in Oct 1973, when a down move does take hold, it can be a real bear market. Just something to note.