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The Mike Santoli video I referenced was about two periods in recent S&P history when the S&P experienced a Death Cross and then at a later date experienced a Golden Cross.
It had ABSOLUTELY NOTHING to do with the predictability of markets via these crosses, but rather was a history lesson/re-fresher on the heights/depths the S&P went to between crosses, and how long it took to cross back over to the upside.
The commonality of the S&P activity and the length of time to recover during those two prior periods was very telling, and IMO, actionable in some specific portfolio situations, like mine.
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It had ABSOLUTELY NOTHING to do with the predictability of markets via these crosses, but rather was a history lesson/re-fresher on the heights/depths the S&P went to between crosses, and how long it took to cross back over to the upside.
The commonality of the S&P activity and the length of time to recover during those two prior periods was very telling, and IMO, actionable in some specific portfolio situations, like mine.