THE MOST POPULAR STOCK MARKET INDICATOR JUST GAVE A BUY SIGNAL — HEED IT OR IGNORE IT $AAPL $AMZN $SPY $FB $AMD $QQQ $IWM $DJIA
The most popular stock market indicator has given a “buy” signal. Should you jump in? Let us examine the issue with the help of three charts. Please click here for annotated chart of S&P 500 ETF SPY. For the sake of readability, the chart shows only the 200-day moving average on the price. Please click here for an annotated chart of S&P 500 ETF with indicators other than the moving average. Please click here for a longer-term chart of S&P 500 ETF with a 200-day moving average. For the sake of transparency, no change has been made to the last two previously published charts above after the original