Medium to long-term entry is reasonable here, but the 200 week MA is not a precise timing mechanism.
If we are in a secular bear market, moving averages could reverse and no longer be reliable, as seen in 2007 - 09.
Hopefully we are closer to the end than the beginning.
If we are in a secular bear market, moving averages could reverse and no longer be reliable, as seen in 2007 - 09.
Hopefully we are closer to the end than the beginning.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.