Good observation & thanks for posting.
On the question of timing, the downward moves towards the
monthly MA20 have tended to occur between Jun-Oct. Beneficial to
look at the indicators on the weekly chart for signs of a
reversal.
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S&P500 monthly MA20
S&P
Posted by rixx on 23rd of Jul 2013 at 11:21 am
Good observation & thanks for posting.
On the question of timing, the downward moves towards the monthly MA20 have tended to occur between Jun-Oct. Beneficial to look at the indicators on the weekly chart for signs of a reversal.