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Title: TF (Craig Hemke) Says the S&P 500 Door is Slamming Shut! Post by: OROBTC on March 01, 2016, 08:19:50 PM ...
Craig runs the somewhat famous tfmetalsreport.com (http://tfmetalsreport.com), and today released his latest chart re a dangerous cross re the S&P 500. His thesis is that when the 6-month moving average has a bearish (ie, S&P movong down as well) cross of the 24-month moving average, then the door is slamming shut (bear market beginning) -- meaning an indicator of a large decline in stocks is upon us. Here is his chart from Dec 2015 when he wrote of his idea: http://www.tfmetalsreport.com/sites/default/files/users/u2/unknown-2_316_0_0.png Well, today he updated his chart, focusing on the last five weeks or so, note a cross...: http://www.tfmetalsreport.com/sites/default/files/users/u2/screen_shot_2016-03-01_at_8.34.40_am.png Note he switches (reason unknown to me) the green and red colored M.A. curves (from the Dec chart to today's chart), but I think you all will see what he is trying to communicate... I do NOT do technical analysis (or have much faith in it), but there are plenty of "market pros" who do. Smart investors look at lots of different kinds of information. Title: Re: TF (Craig Hemke) Says the S&P 500 Door is Slamming Shut! Post by: btcbug on March 01, 2016, 08:26:23 PM I read a similar analysis yesterday regarding the 10 month and 20 month moving averages.
http://www.marketwatch.com/story/the-sp-500-is-close-to-flashing-a-bearish-signal-it-hasnt-displayed-since-2008-2016-02-29 (http://www.marketwatch.com/story/the-sp-500-is-close-to-flashing-a-bearish-signal-it-hasnt-displayed-since-2008-2016-02-29) Title: Re: TF (Craig Hemke) Says the S&P 500 Door is Slamming Shut! Post by: spazzdla on March 01, 2016, 08:29:13 PM Got cash and stop losses ready for this.
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