Nothing good happens below the 200 day
2022 history lesson
NOTHING GOOD HAPPENS BELOW THE 200 DAY
I can’t tell you how many times in my career I have heard this said by market technicians. I have never been able to find who said it first, but I have often thought perhaps Paul Tudor Jones, who says he used this signal to avoid the 1987 crash. The concept is simple. When a security falls below its 200-day movin…