On January 8, 2008, the 50 day moving average moved below the 200 day moving average of the S&P 500 ETF (SPY) indicated a sell signal. It has been nearly 20 months since the SPDR ETF has indicated a buy using this investing strategy. For the 50day/200 day moving average cross over investor, the wait is over and it's time again to go long. Can it also be one more indicator that we are in a recovery and the bear market is ending? A recent SPY chart courtesy of Yahoo Finance is below.
On August 11, 2009, the Spyders ETF did something that it hasn't done since early January 2008... the 50 day moving average moved above the 200 day moving average. Why is this significant? Some moving average investors use the 50 day/200 day moving average of an ETF or stock to enter or exist a position.
On January 8, 2008, the 50 day moving average moved below the 200 day moving average of the S&P 500 ETF (SPY) indicated a sell signal. It has been nearly 20 months since the SPDR ETF has indicated a buy using this investing strategy. For the 50day/200 day moving average cross over investor, the wait is over and it's time again to go long. Can it also be one more indicator that we are in a recovery and the bear market is ending? A recent SPY chart courtesy of Yahoo Finance is below.
On January 8, 2008, the 50 day moving average moved below the 200 day moving average of the S&P 500 ETF (SPY) indicated a sell signal. It has been nearly 20 months since the SPDR ETF has indicated a buy using this investing strategy. For the 50day/200 day moving average cross over investor, the wait is over and it's time again to go long. Can it also be one more indicator that we are in a recovery and the bear market is ending? A recent SPY chart courtesy of Yahoo Finance is below.
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