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.