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MOVING AVERAGES | April 18, 2019
The Golden Cross
How effective is an S&P 500 Golden Cross signal? On April 1, 2019, the S&P 500 (SPX) 50-day Simple Moving Average (SMA) crossed above the 200-day SMA, known as a Golden Cross. This is only the sixth such signal since the major US stock market bottom made in March of 2009. Study of the prior five signals reveal clues as to what we could expect for the most recent crossing.
by Mark Rivest
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