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Don't want to rain on David's parade by posting this in his thread.So since the 200 Day MA seems to be an important TA indicator. I thought I'd solicit opinions on what to do about buying and/or selling SPY:
1 YR Spy Chart
Maybe this isn't a valuable TA indicator. If not which ones are, if so what should one do regarding SPY?
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200 day moving average.... just think about what this shows you... think about what was going on 150-200 days ago.... think about what happened in the summer.... how on earth is this piece of information useful in the current context of the market.