Subject: Re: Bearish signal
FC... Things have been pretty horrible from most LT Indicator type standpoint - since early Feb actually.
I am with you - cant afford to lose a lot of my savings so I am defensive.
Except my point was the 200DMA is not the "best" exit transition pointer. Also it hasnt signaled yet ( my weekly version).
Hopefully these help in illustrating my thought process:
Golden-Death Weekly :
https://www.dropbox.com/scl/fi...
A shorter and faster one : Jaws been closing fast
https://www.dropbox.com/scl/fi...
And a LT BEar one I built and track: It has crossed the white "Warning zone" and it would be the 2nd time this Bullish cycle. ( The count matters)
and whenever it crosses the Red - it has invariably resulted in a Bear ( 20%+ drop) ...but its late . The small red triangles are for Slope/Turn change ( very very early)
https://www.dropbox.com/scl/fi...
Best