S&P500 Death Cross

H

Hunter2020

It's official S&P500 MA50 crossed under the MA200 days a few days ago. Mr. Market made a sharp Upturn just to trap all the shorts. In my opinion this could very well be an intermediate bottom. Trend will be sideways to upwards until all the shorts get exhausted or bored, then Mr. Market will crash some more.\

China just finished hosting the Winter Olympics. Mr. Market cannot allow a bull market ATM because that would help out China's big plan. The big trend is downward, but since a death cross just formed on the S&P500, Mr. Market will first have a little fun with the shorts...!!
 
The 50 MA crossing under the 200 MA is a bearish sign. In addition, the SPX daily stockcharts is showing lower highs and lower lows indicating a downtrend. SPX is also, below the 200 MA which indicates bias is down, not up.
 
smallfil said:
The 50 MA crossing under the 200 MA is a bearish sign. In addition, the SPX daily stockcharts is showing lower highs and lower lows indicating a downtrend. SPX is also, below the 200 MA which indicates bias is down, not up.
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SAME with sso + qqq/TQQQ \SPXL...........................
Bought some Fed day /sold today. 3rd fri MAR week tends to be up /Stock Traders Almanac2014/2018.
barchart.com has 72% sell on SPY,sso SPXL/UPRO;
40% buy on SH\32% buy on spxs,spxu. mostly based on 20 day moving average.
Took profits on longs today; actually missed small profit on inverse[bear x3] early today\ but may make more . IF i dont make money on that inverse this week /most likely sell it.
Good polar bear rally today:caution:
Sh [SPY bear etf, no leverage, no margin calls] is still aboVe 200dma , dont know if i have time to buy it??
 
smallfil said:
You got that right. 100,000%
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I did mostly/long exits;
may get back in FRI, may not. Actually SPXS,SPXS ,SDS,SH have been aboVe 200dma much of the year.
I'm looking @ a % chart it compares SPXS with SPY %/LOL .
Even if SPY finished up this week its still has to keep closing aboVe 200 day moving average to be a bear stopper.
New Mexico game warden said ''bears are tough!!'' I saw a video/ a black bear climbed up a power pole + got a king size shock \sparks LOL when he hit the top wire. Black bear umped down hit the concrete hard + ran off .LOL:D:D
 
smallfil said:
The 50 MA crossing under the 200 MA is a bearish sign. In addition, the SPX daily stockcharts is showing lower highs and lower lows indicating a downtrend. SPX is also, below the 200 MA which indicates bias is down, not up.
More...

More like a strong bullish sign. Show me any moving average combination that beats plain old buy and hold over time.
 
jys78 said:
More like a strong bullish sign. Show me any moving average combination that beats plain old buy and hold over time.
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Buy and hope is more like it. If you have 50 years, you can hang on and hope. A lot stocks that dropped during the Dotcom never recovered and ended up bankrupt. CSCO still has not recovered its high during the the Dotcom of like $120 a share? It is $56.17, like 22 years after and still not broken even? I do not use the moving averages to trade but, a trend follower. Numerous Dotcom companies got bought out at cents on the dollar. I know someone who had like $500,000 in stock options on her company stock at the peak of the Dotcom mania, she lost most of it including, her job. Her company got sold for pennies on the dollar. A long term moving average trading crossover system is probably, still superior to buy and hold because it will exit trades when the crossover happens. So, locking in profits that, buy and holders never do. There will still be losses but, it can still be tightened with rules to make it more potent.
 
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