I realize that no indicator is perfect, but this chart of the S&P 500 suggests it pays to be patient and wait for the two moving averages to cross.
The lesson is it is much easier to recognize a bottom after it has completed than to anticipate one.
More, much more when you read older posts and subscribe to The Peter Dag Portfolio by going to https://www.peterdag.com/.
George Dagnino, PhD
Editor, The Peter Dag Portfolio
Since 1977
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