Sunday, February 13, 2022

Market timing

 

 

As of 2/12/2022, the following are from Finviz.com.

ETF

SMA-200

SMA-50

SMA-20

Death Cross?

SPY

-0.8%

-4.2%

-1.7%

Yes (Step #4)

RSP

-0.5%

-1.9%

0.4%

Yes (Step #4)

 

Both ETFs indicate the market is a confirmed plunge from my indications using a technique similar to Death Cross. However, they are quite close, and we should keep an eye on these numbers. If it is a false alarm, golden cross would indicate it and you should return to equity; it could be quite common in volatile markets. The futures indicate Monday (2/14/22) the market would plunge further.

 

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