This Indicator Hasn’t Been Wrong Yet

Be prepared.

That’s what we try to help you do on these pages.

At the beginning of the year, I penned a series of essays to make you aware of some rare market action.

They were remarkably accurate. If you followed them, you could have made a lot of money.

Well, déjà vu. You need to be aware of something happening today…

Technical Analysis Is Important

Technical analysis can give you an edge.

Analysts dig into numbers to find profitable trends we don’t see very often.

I just observed a market anomaly that has only happened four times.

The first three of them resulted in quick drops in the stock market.

The fourth just occurred on October 9.

Follow the Moving Average

Comparing the movement of an index to its moving average (MA) can tell us its next move.

The MA of a stock is simply the average price it has traded at over a given period.

On January 26, 2018, the S&P 500 Index closed 350 points above its 200-day MA for the first time.

The market peaked that same day. It then fell more than 10% over the next nine trading days.

You can see the peak and the fall on the left half of this chart:

There isn’t anything special about the number 350 per se. To date, however, it has always prefaced something going wrong in the market.

Since 2018, we’ve seen the gap between the S&P 500 and its MA  grow to at least 350 three other times.

In the chart below, the S&P 500 is the orange line. The gray line is the 200-day MA minus the index itself.

When the variance between these two numbers gets out of whack, the index tends to adjust:

When the Market Deviates Too Far From Its Moving Average, It Adjusts

There is a whole lot of uncertainty out there today. And it will remain through Election Day on November 3.

(Source: Bloomberg, internal calculations)

On February 12, the index exceeded the MA by 351 points.

The market peaked seven days later. It fell nearly 34% from February 19 to March 23, kick-starting the COVID-19 stimulus.

On August 24, the index and its MA again skewed by more than 350 points.

The variance exceeded 350 for nine trading days, and the market peaked on the eighth. That was September 2.

The S&P 500 fell almost 10% over the next three weeks.

The third — and most recent — time the two numbers reached our hurdle was last week. On October 9, the index exceeded the MA by 360 points.

What Does This Mean?

We need to tread carefully.

Since October 9, the S&P 500 has been flat.

It may have peaked on October 12. We can’t confirm that yet.

But the market triggers these indicators for a reason.

I believe it’s the right time to take it easy.

If you are super leveraged to stocks, consider taking some off the table or delay a purchase you were going to make.

Yes, Congress may pass a stimulus bill. But the market is already factoring some portion of that appreciation into prices.

We may even get a sell-the-news moment.

When you stop and think about this, it makes sense. This market has zoomed 56% higher since March 23.

There is a whole lot of uncertainty out there today. And it will remain through Election Day on November 3.

Be prepared. And be careful.

Good investing,

Brian Christopher

Editor, Profit Line

Previous Post
Next Post

Comments

Erica

Thank you for sharing your thoughts. I really appreciate your efforts
and I will be waiting for your next post thanks
once again.

GeraldSer

flagyl medication instructions [url=https://metronidazole21.us]flagyl class antibiotic[/url] flagyl diarrhea
flagyl alcohol consumption flagyl antibiotic dose metronidazole 500mg pills

web hosting off

I’m really inspired along with your writing skills and also with the
layout to your weblog. Is this a paid subject matter or did you customize it yourself?
Either way stay up the excellent high quality writing, it is rare to look a great blog
like this one nowadays..

quest bars in

This is a topic that is close to my heart…

Take care! Where are your contact details though?

in asmr

Useful information. Lucky me I found your web site accidentally, and I am shocked why this coincidence didn’t took place earlier!

I bookmarked it.

scoliosis surgery off

Hi there! This post couldn’t be written any better!
Looking through this post reminds me of my previous roommate!
He continually kept preaching about this. I am going to send this article to
him. Fairly certain he will have a great read. Thanks for sharing!

bitly.com

I feel that is one of the most vital information for me. And i am satisfied reading your article.
But should commentary on some general things, The website taste
is ideal, the articles is truly excellent : D. Excellent job, cheers

asmr but

What’s up Dear, are you truly visiting this web page daily, if so after that you will absolutely obtain nice experience.

http://j.mp

Good post. I learn something totally new and challenging on sites I stumbleupon everyday.
It will always be useful to read articles from other writers and use
a little something from other websites.

scoliosis surgery of

Hey there! Do you use Twitter? I’d like to follow you if that would
be ok. I’m definitely enjoying your blog and look forward to new posts.

http://app.gumroad.com/

I’m not sure where you are getting your info, but good topic.
I must spend some time finding out much more or working
out more. Thank you for wonderful information I was in search of this info for my mission.
asmr https://app.gumroad.com/asmr2021/p/best-asmr-online asmr

bit.ly

Terrific work! That is the kind of information that are
supposed to be shared around the net. Shame on the seek
engines for not positioning this submit higher!
Come on over and visit my website . Thank you =) scoliosis surgery https://0401mm.tumblr.com/ scoliosis surgery

quest bars where

Hi my loved one! I wish to say that this post is awesome,
great written and include approximately all important infos.
I would like to see more posts like this . quest bars http://j.mp/3C2tkMR quest bars

http://bitly.com/3C42OCu

After I initially left a comment I appear to have clicked on the -Notify
me when new comments are added- checkbox and now whenever
a comment is added I get four emails with the same comment.
Perhaps there is a means you are able to remove me from that service?
Cheers! cheap flights http://1704milesapart.tumblr.com/ cheap flights

http://coub.com/stories/962966-scoliosis-surgery

Hi, I do think this is a great web site. I stumbledupon it ;
) I may come back once again since I book marked it. Money and freedom is the greatest way to change, may you be rich and continue to help others.
scoliosis surgery https://coub.com/stories/962966-scoliosis-surgery scoliosis surgery

http://www.iherb.com/search?kw=questbars

Attractive component to content. I simply stumbled
upon your weblog and in accession capital to claim that I get actually enjoyed account
your blog posts. Anyway I’ll be subscribing to your augment and
even I achievement you get entry to constantly fast.
quest bars https://www.iherb.com/search?kw=quest%20bars quest bars

bitly.com

Hi there, I discovered your blog by means of Google at the same time as looking for a comparable topic, your website
came up, it appears great. I’ve bookmarked it in my google bookmarks.

Hi there, just become aware of your weblog thru Google, and
found that it is really informative. I am gonna watch
out for brussels. I will be grateful if you happen to continue this in future.

Many folks will be benefited from your writing. Cheers! ps4 games https://j.mp/3nkdKIi ps4

Hand guns

895238 707995Its superb as your other posts : D, regards for posting . 789287

ps4 games my

We are a group of volunteers and starting a new scheme in our community.
Your website provided us with valuable info to work on. You
have done a formidable job and our whole community will be thankful to you.

ps4 games is

If you wish for to improve your knowledge simply keep visiting this
site and be updated with the hottest news posted here.

intellifluence joe sinkwitz

976310 649407As I web-site possessor I believe the content material matter here is rattling amazing , appreciate it for your efforts. You must keep it up forever! Best of luck. 952593

Home Value

671988 159964Extremely instructive and good bodily structure of subject matter, now thats user pleasant (:. 952476

adult sex games for pc

dating sex games https://cybersexgames.net/

live online casino usa

empire online casino https://onlinecasinoad.com/

best nj online casino

online casino sign up bonus no deposit https://conline-casinos-hub.com/

asmr it

Its not my first time to visit this site, i am browsing this site dailly and
take fastidious information from here every day.

best online casino no deposit

lucky chances casino online https://onlinecasinos4me.com/

casino online no deposit

river monster online casino https://online2casino.com/

online casino no minimum deposit

diamond reels online casino https://casinoonlinet.com/

online casino no deposit sign up bonus

ignition casino online chat https://casinosonlinex.com/

i can t write essays

persuasive writing essays https://anenglishessay.com/

writing argumentative essays

what to write my college essay about https://howtowriteessaytips.com/

give up on gay dating reddit

gay dating meme https://gayprideusa.com/

free gay dating uk

gay soldier dating https://gayfade.com/

dating simulator porn gay
critical thinking assignment

what is critical thinking https://criticalthinkingbasics.com/

analytical critical thinking

what defines critical thinking skills https://criticalthinkinginstitute.com/

critical thinking company

critical thinking strategies https://uncriticalthinking.com/

university of michigan supplemental essay

counterclaim in an argumentative essay https://choosevpn.net/

how to start a reflective essay

college entrance essay https://thebestvpnpro.com/

classification essay

the summary of an essay is located https://vpnshroud.com/

에볼루션카지노

805401 305593TeenVogue? Looking for fashion advice, celebrity buzz or beauty trends? Locate it all in Teen Vogue 36495

Toy Poodle Fiyat

toy poodle fiyat

tinyurl.com

It’s an awesome piece of writing in support of all the internet
people; they will obtain advantage from it I am sure.

CwgvSnali

cheap generic viagra cheap viagra pills

Rwhensub

how to use sildenafil 20 mg where to get sildenafil

Djehensub

ivermectin 6 tablet stromectol medicine

KwghGlify

cialis tadalafil 20 mg precio tadalafil 20 mg canada

CennSnali

purchase stromectol online stromectol covid 19

http://tinyurl.com/

Hello, the whole thing is going sound here and ofcourse every one is sharing data, that’s
in fact good, keep up writing.

http://tinyurl.com

Hi, always i used to check weblog posts here early in the dawn, because
i love to gain knowledge of more and more.

CrgbSnali

stromectol australia ivermectin lotion price

AmsmWeeriobre

ivermectin human stromectol 0.1

Djjyensub

stromectol tablets 3 mg stromectol 3 mg dosage

CehhSnali

ivermectin 200mg ivermectin 50 mg

AmssmWeeriobre

ivermectin lotion for lice ivermectin 2ml

KbwvGlify

ivermectin 9 mg stromectol tab

Dgwiensub

ivermectin 50 mg buy ivermectin

Rkgjensub

ivermectin 6mg dosage stromectol usa

TravisVem

is viagra covered by health insurance viagra online without prescription does viagra make you bigger than normal

tinyurl.com

Hey very nice blog!! Man .. Excellent .. Superb ..
I will bookmark your site and take the feeds additionally?
I am glad to seek out so many helpful information right here within the put up, we need develop extra
techniques on this regard, thank you for sharing.
. . . . .

Febcshear

ivermectin 200mg stromectol tablets

fly ticket

If some one wishes expert view concerning blogging after that i recommend him/her to go to see this
blog, Keep up the pleasant job.

plane ticket

Hi mates, how is everything, and what you want to say on the
topic of this post, in my view its actually amazing designed for me.

AxzxWeeriobre

cialis interactions tadalafil 20mg india

flights cheap

What’s up, everything is going nicely here and ofcourse every one
is sharing data, that’s really good, keep up writing.

cheap air tickets domestic

What you posted was actually very logical. However, think about this, what if you were to write
a awesome post title? I ain’t saying your information is not solid.,
but what if you added a title that makes people want more?
I mean This Indicator Hasn’t Been Wrong Yet – Investing Subject is
a little vanilla. You might glance at Yahoo’s front page and watch how they write
article titles to grab people to open the links. You might add
a related video or a picture or two to grab people interested about everything’ve written. In my opinion, it would bring your posts a little bit more interesting.

Dbwiensub

ivermectin new zealand ivermectin 6 tablet

Ntgbensub

order generic viagra purchase viagra

AndaWeeriobre

tadalafil india vardenafil tadalafil

Fnenshear

buy cheap viagra online viagra without prescription

KbwnGlify

how to order generic viagra online sildenafil pills 100mg

CkanSnali

buy levitra online cheap cost of levitra at costco

AnuoWeeriobre

safeway pharmacy hours online mexico pharmacy

KnrnGlify

karns grocery store have a pharmacy? viagra from canadian online pharmacies

Dsnnensub

rite aid store hours pharmacy discount code for online pharmacy

Nbttensub

cialis online overnight cialis 60

Fuupshear

usa viagra over the counter cheap viagra canada

WevgSnali

walmart store number for pharmacy Suprax

AnnoWeeriobre

viagra price online india viagra tablets 50 mg online

EnrnGlify

is generic cialis from india safe shopping cialis

Jtnnensub

ivermectin plus for goats ivermectin 12 mg dosage

Auupshear

best generic tadalafil what is tadalafil 20mg

WnsnSnali

cost of levitra at cvs para que sirve levitra

AnuuWeeriobre

discount canadian pharmacy canada pharmacies without script

Jnnyensub

buy cialis with dapoxetine in canada viagar vs cialis

Ahhpshear

where can i buy cialis in canada cialis generic online johannesburg

WnnhSnali

canada rx pharmacy world buy drugs from canada online

JyhWeeriobre

ed drugs online canada online pharmacy scams

Jmmensub

pet meds canada pharmacy canadian pharmacy king

Ansnshear

save rx discount pharmacy Ampicillin

Xnjrbx

order sildenafil 100mg online – order sildenafil 150mg for sale sildenafil 100mg cost

Jamesgrari

prednisone buy no prescription prednisone for sale prednisone over the counter uk

Jamesgrari

durvet ivermectin paste equine dewormer ivermectin noromectin cost of stromectol medication

Jamesgrari

canada pharmacy generic cialis purchasing cialis in the usa germany cialis professional

Hiuiuy

prednisolone without prescription – tadalafil 5mg ca order tadalafil 10mg for sale

Jamesgrari

generic cialis 20 mg cheapest cialis usa cialis 20 mg dosage

Jamesgrari

ivermectin hookworm ivermectin dose cats ivermectin 8 mg

Jamesgrari

prednisone pills cost prednisone for sale prednisone pharmacy

Jamesgrari

canadian online drugstore injectable ed drugs comfortis without vet prescription

Pningn

augmentin 1000mg over the counter – buy cialis 40mg buy tadalafil 40mg sale

GregoryNok

generic propecia prescription propecia 1mg generic generic propecia canada

GregoryNok

legal to buy prescription drugs from canada canadian pharmacy canadian drug pharmacy

GregoryNok

generic ed drugs best ed treatment pills men’s ed pills

Bgpmwk

order sildenafil online – order sildenafil 100mg for sale ivermectin lotion 0.5

Stromgoake

india pharmacies shipping to usa buy medication online from india meds online without doctor prescription

Svkgif

budesonide pills – order disulfiram 250mg for sale buy antabuse 500mg

Stromgoake

cheap generic drugs from india cheap generic drugs from india india pharmacy without dr prescriptions

Douglasundup

ivermectin without a doctor prescription stromectol price usa stromectol for humans for sale

Vvbumf

buy cefuroxime 500mg generic – cefuroxime 250mg uk overnight delivery for cialis

Douglasundup

buy clomid 50mg online clomid for sale canada clomid tablets for sale

Stcrlc

ampicillin 250mg sale – buy tadalafil order tadalafil pill

Douglasundup

clomid tablets clomid for sale canada clomid

Douglasundup

clomid tablets for sale buy clomid 50mg online where to buy cheap clomid online

EugeneWrery

stromectol demodex how much ivermectin to give a goat stromectol for humans for sale

Nldwnf

stromectol pills canada – generic levitra 20mg levitra 20mg drug

EugeneWrery

stromectol tablets for humans stromectol for sale stromectol tablets for humans

RaymondEnfob

viagra discount viagra best over the counter viagra

Opnoty

doxycycline oral – order doxycycline 100mg for sale cialis sale

RaymondEnfob

viagra cost sildenafil citrate tablets 100 mg п»їviagra pills

RobertMaile

prolonged effects of cialis generic tadalafil 20mg india generic cialis no prescription

Nbzkeo

buy cialis 10mg generic – generic cialis cost modafinil usa

RobertMaile

cialis professional vs cialis super active tadalafil 20mg best price cialis 20 mg sell

RobertMaile

cialis blood pressure tadalafil 20mg cialis cost nz

Syihwf

prednisone 5mg oral – cheap erectile dysfunction pill order generic accutane

Vernonanige

does cialis really work cialis

Okqstk

amoxil 500mg drug – sildenafil 100mg ca order sildenafil sale

RobertMaile

purchase cialis online canadian cialis viagra cialis samples

Dxdwhf

lasix generic – buy doxycycline 200mg ivermectin 6mg without prescription

Ralphshege

cialis with dapoxetine overnight to generic tadalafil 20mg india

Ivertab

ivermectin 1 topical cream п»їorder stromectol online

Ndwaht

buy lisinopril 10mg pills – cheap lopressor order atenolol

Cameronshusy

amoxicillin without a doctor’s prescription buy prescription drugs from canada

nova88

836727 880136This design is steller! You most surely know how to maintain a reader entertained. Between your wit and your videos, I was almost moved to start my own weblog (effectively, almostHaHa!) Wonderful job. I actually loved what you had to say, and much more than that, how you presented it. Too cool! 416493

Kzypwo

order cialis 5mg pills – buy celebrex for sale flomax 0.2mg us

Frzlbn

cost ondansetron 8mg – zofran for sale valtrex uk

RobertScums

https://diflucan.icu/# how to buy diflucan

Leave a Reply

Your email address will not be published.