View: slopechart_$SPX.jpg

slopechart_$SPX.jpg

Hat tip to Oscar Carboni. He showed a 21 day cycle in a different index, so I decided to check it out on the S and P. 

50/200 SMA shown.  

For entertainment one might switch to the 50/200 Hull Moving Average for a glimpse at what happens when humans do not show up to trade? I wrote a science fiction bit a while back in which a trading A.I. program flatlined every index on the planet after going live. I forgot about moving averages when I wrote that.

Image added via SlopeCharts
slopechart_$SPX.jpg

Comments

MyopiaMyopia
Curve fitting can be dangerous. 8/19/21
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