A well known and widely followed trend following strategy is the MA crossover(Moving Averages: Strategies).You can clearly see in the next chart that we are very close to a cross of EMA(21) below EMA(55) a.k.a death cross.
But wait a sec...Mr Market is a bit kinky and likes surprising us.We believe (based on our current count on SPX) that soon we will see a bounce towards around 2040
But wait a sec...Mr Market is a bit kinky and likes surprising us.We believe (based on our current count on SPX) that soon we will see a bounce towards around 2040
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