I Will Build a Wall at the 200 Day Moving Average

Year three of the Trump presidency and there is no wall on the border. There is no fence and there is no physical barrier. And Mexico hasn’t spent any pesos on its future construction, nor has Congress.

Similarly, talk of the S&P 500 bumping up against its 200-day moving average creates the impression that this overlay represents some sort of meaningful barrier or obstacle to the stock market. It does not. The …
Source: https://thereformedbroker.com/2019/02/06/i-will-build-a-wall-at-the-200-day-moving-average/

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