20DMF

[Pascal]

The 20DMF issued a Forced Buy signal at the close of yesterday.
This signal occurs when the 9MA>20MA>50MA on the S&P500.
This indicates a confirmed uptrend.

Back-test have however shown that such a signal rarely produces good profits as it comes very late in a trend.
However, in a QE environment, nobody knows how high the funny money will push the sprouts.



Pascal