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- Last Update: 24 December 2019, 9:20
I have marked the monthly MACD buy and sell signals on the chart with green vertical lines for buys and red for sales. The monthly MACD is a powerful but slow moving signal. It has protected its followers from getting killed at the major market tops. It is slow to react to market bottoms, as we just saw at the XMAS even 2018 bottom. Over the past few months, the monthly MACD has whipsawed on the SPX. And you might note, that it wasn%27t confirmed by other indexes, including the NDX , VTI and ACWI. (Nasdaq 100, Total Market Index and All World Index) Now it is and it looks very bullish to me, both short and long-term.
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