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Originally posted by jazz10
Just came across this? What do you make of it?
Originally posted by Dbriefed
Death cross created. Some articles claim the metric is useless now, and the rally creates doubt in the belief in the metric. However if true, the S&P 500 which is now about 1,028 has a 200ma ceiling of 1,111 today and a long term downward trend for the next 6-12 months, or more.
Wish I knew more about this stuff and had more confidence in it. I could have retired by investing in 20/20 hindsight.