Quant Macro Investing

Risk Taking Disciplined

S&P 500 More Than 20% Above Its 200-DMA; First Time Since 5/83

S&P 500 More Than 20% Above Its 200-DMA; First Time Since 5/83

ln what has been an almost unprecedented move, the S&P 500 closed more than 20% above its 200-day moving average today for the first time since May 1983.  This comes just six months after the index traded the furthest below its 200-day since the Great Depression!  Not even during the great bull run of the 90s did the index get this far above its 200-DMA.  This has happened only a handful of times in the history of the S&P 500, and we just released a report to Premium subscribers highlighting how the market has historically performed going forward when the 20% mark has been eclipsed in the past. 

200daypc

September 17, 2009 - Posted by | Indicator setup

No comments yet.

Leave a Reply

Please log in using one of these methods to post your comment:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: