For what it's worth...
After the last 2 bear markets, a cross above the 200-dma signalled the worst was over.
You wouldn't have got in at the bottom but you would have avoided virtually all the drawdown. Had you then held for a couple of years or so, you would have come out well ahead.
I have circled the crosses on this chart, including the one that's just happened.
After the last 2 bear markets, a cross above the 200-dma signalled the worst was over.
You wouldn't have got in at the bottom but you would have avoided virtually all the drawdown. Had you then held for a couple of years or so, you would have come out well ahead.
I have circled the crosses on this chart, including the one that's just happened.