Crucial Juncture - S&P Poll

[MarkBrown]

it's going to be sorta self fulfilling on the 200 day average.

stan's band study 21 day moving average when price crosses the 2.5% upper or lower band you start counting how many days the price will stay above mean average.

questions?

 

[murray t turtle]

Large institutions clearly acknowledge the presence of the 200 day ma. Im not a big fan of most indicators either but you are just flat out wrong on this one.

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LOL, actually that can be a good thing\ he considers 200dma ''worthless''
General Haggerty head of Institutional Trading/capital markets @ Fidelity noted those elephant sized funds, many of them will not to admit to using the 200dma, but he noted they do.
Did not vote in poll, but SPY has spent so much time below 200dma\2022\.
SPY most likely stays below 200dma/even if SPY has an UP/ NOV like 2018 bear

 

[SunTrader]

So let me ask (anyone) where was the SMA 200 when $SPX hit ATH 01/04/22?

That's right nowhere friggen near it. High that day was 4818.62 and SMA was 4391.33 or 427.29 points lower!!!!!

Second question: when did SMA 200 top and start down slope, 4/22/22 or 3 and 1/2 months later!!!

Talk about lagggggggggging.

 

[murray t turtle]

So let me ask (anyone) where was the SMA 200 when $SPX hit ATH 01/04/22?

That's right nowhere friggen near it. High that day was 4818.62 and SMA was 4391.33 or 427.29 points lower!!!!!
Talk about lagggggggggging.

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200 dma was lot lower + '' near '' on SPY\LOL\ it could NOT even close below 50dma of $464.64, 1/04/2022 week, close .
SO only in hindsight was that a SPY major trend change point/ matter of fact SPY made new uptrend hi that week......................................................................................................
Considered a SPXL buy today\ but SPXS[ bear SPY + related ....] looked + proved better. Bye. Lagging comment, the best kind.

 

[M.W.]

I am not sure which is more gullible and a reflection of utter stupidity: the few elites who invested in SBF or the masses who plot some scribbly moving average and think the market goes up if it crosses above the MA and down otherwise, knowing full well how professionals in this market with 100 times the educational acumen and skill set labor hard 7 days a week, 14 hours a day to eke out 10-20% per annum.

Those who rely primarily on some technical indicators are in my book the most retarded human beings that roam this planet. But you can't see beyond your little screen with a low iq. All that is left is hope and wishful thinking. Recipe for disaster.

 

[smallfil]

Paul Tudor Jones uses the 200 sma and he is known to pick tops and bottoms. It does have some value if you are a long term investor. It is just a tool to keep you on the right side of the stockmarket.

 

[Radiohead]

it's going to be sorta self fulfilling on the 200 day average.

stan's band study 21 day moving average when price crosses the 2.5% upper or lower band you start counting how many days the price will stay above mean average.

questions?

That's interesting. Haven't seen that one before. For the Year Average, does it use the total days above/below or are the times where the count resets used in the average as well? For example, on 11/10 and 11/11 the day count resets. Are you using a spreadsheet to calculate it?