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Halls of Shrewd'm / US Policy
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Author: FlyingCircus   😊 😞
Number: of 55803 
Subject: Re: Bearish signal
Date: 03/09/2025 3:11 PM
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If today's index level is higher than its level 200 days ago, the 200DMA is rising. If today's index level is lower than its level 200 days ago, the 200DMA is falling. Mathematically.

Elan is exactly right, of course. BearCatcher #3 (or 2), the SMA Slope, is exactly this.
(Some, like me, add a .1% hysteresis band to this to decrease whipsaws).

FC
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