No. of Recommendations: 15
The issue of course is that if 200MA (which is a Statistical slope change indicator)
The 200DMA that crossed this week is not a slope change indicator. The slope change appears much later, and sometimes never.
For example, there was a bearish 200DMA crossover near the end of January 2022, but the slop of the 200DMA turned negative about three months later, and THAT was a pretty good exit signal. BTW, it triggered about a month before the DBE signal triggered, and that month made a huge difference in the end result. Also, there was a bearish crossover in October 2023, which turned out to be a total head fake. And guess what, the 200DMA slope never went negative at that time.
Either way - this is not the week to run for cover. Wait it out!
Of course. But it got our attention. A good time to brush up on your signals, if that's your inclination, and pay closer attention from here on.
Elan
