Among many other signals, dshort.com monitors a simple but effective in-out-strategy based on the FIRST monthly close of the S&P 500 above or below its 12-month moving average (SMA). On January 31, 2012, the S&P 500 had its first monthly close above the 12-month SMA so that a BUY SIGNAL was triggered today on February 1, 2012. This BUY SIGNAL comes after five monthly closes below the 12-monthly SMA, since August 2011.
A free collection of entry and exit signals to help the trader decide when to be long or short, or ride the sideway waves
Wednesday, February 1, 2012
2012/02/01 dshort.com triggers BUY SIGNAL for the S&P 500
Labels:
12-months SMA,
domestic US funds,
dshort.com,
SP500,
SPX,
SPY
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