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SPY and QQQ Recapture their 200-day SMAs – Tips for Reducing Whipsaws and Improving Performance

Summary by futuremoneyfate.com
SPY and QQQ crossed above their 200-day SMAs with big moves on Monday, and held above these long-term moving averages the entire week. The V-Reversal was extraordinary and SPY seems short-term overbought, but this cross above the 200 day SMA cross is a bullish signal for the most important market benchmark. Despite a bullish signal, long-term moving averages are trend-following indicators and it is important to set realistic expectations. ***** …
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futuremoneyfate.com broke the news in on Saturday, May 17, 2025.
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