SPX'S WEEKLY MA 21/50/100 (1950s-2020) Crash confirmation
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with too many signals, I could be wrong . but, this also should only be used as a crash confirmation tool nothing more. maybe in the future, we shall find more interesting things about it. we shall see.
wish you all the best.
Note
Investopedia : (very important)...LAGGING
All moving averages have a significant drawback in that they are LAGGING INDICATORS. Since moving averages are based on prior data, they suffer a time lag before they reflect a change in trend. A stock price may move sharply before a moving average can show a trend change. A shorter moving average suffers from less lag than a longer moving average.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.