Looking at your past charts, it looks like there is usually a very short rally when the 50/200 crosses to the downside, yet not every 50/200 is a reliable downside signal. However, every bear market has resumed or started with the 50/200 cross to the downside, which is why this signal is so hard to disregard. The 50/200 is just one of many negative technicals right now and coupled with the H&S confirmed pattern is just a start.
Subscriber info: Intrepid Timer Premium Talk | System Signals posted here l FAQ about email alerts l
Anyone who knows me knows when it comes to the American markets, I give the top 4 the most weight. The Transports, NASDAQ, S&P 500, and S&P 600 are what I call the top 4.
BEAR MARKET WARNING! We now have 3 of 4 giving us a bearish 50/200SMA DEATH CROSS. You long-termers may want to take notice... For the S&P 500 I have golden cross charts posted in this thread, going back to 1984.
Attachment 9845
Attachment 9846
Attachment 9847
Attachment 9848
Retired, 50G/50C_ BLOG: Stats for April, 2024 Stats
phooey!!!! Hindenburg Omen and Death Cross = ???
I came into the office to make an IFT; now I dunno in which direction...
now I'm thinking of bailing/locking in last week's losses to avoid more (a mere 0.7% for me).
Retired, 50G/50C_ BLOG: Stats for April, 2024 Stats
It's official, the last of the top 4, the transports has given us a bearish death cross...
Attachment 9937Attachment 9938
Attachment 9939Attachment 9940
Retired, 50G/50C_ BLOG: Stats for April, 2024 Stats
Excellent information to have, J! G and F Funds keep looking better and better.
Maggie
"When asked if my cup is half full or half empty, my only response is that I am thankful I have a cup." -Sam Lefkowitz
Jason,
What is your expected top in the S&P500 before it rolls over? Or will the FED ever prevent that from happening?
Lol I'm not saying it's going to roll over, at least not this month. 1084-1094 are the areas I'm watching, with 1100 being the peak. This is a volatile market and I'll retain this opinion as long as we stay above 1040.
Never miss an opportunity to post a chart...
Attachment 9942
Retired, 50G/50C_ BLOG: Stats for April, 2024 Stats
I haven't tracked this system since my PC crashed, but at the time is was doing exceptionally well. Anyways, the 15 Minute Golden Cross system has triggered a buy. For all you folks posting your damm bear stories over the weeks, I hope you choke on your vomit.
Attachment 9945Attachment 9946
Attachment 9947Attachment 9948
Retired, 50G/50C_ BLOG: Stats for April, 2024 Stats
S&P500 (C Fund) (delayed) (Stockcharts.com Real-time) |
DWCPF (S Fund) (delayed) (Stockcharts.com Real-time) |
EFA (I Fund) (delayed) (Stockcharts.com Real-time) |
BND (F Fund) (delayed) (Stockcharts.com Real-time) |
||
Yahoo Finance Realtime TSP Fund Tracking Index Quotes |
Bookmarks