Posted by: rp on the 13th of Oct 2011 at 10:21 pm
i’m think the last time i pointed this out was the bullish cross in 2009. about a simple as an indictor can get but has been very effective for at least the last decade… when the 9 ema (slow signal line) is above the zero line, we are in a bull market and vice-versa. has also worked fairly well on many key sectors/tracking etf’s like XLF, XLE, IYR, etc… whipsaws, if any, have been very few and very shallow/brief, well above current levels of that signal line.
