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I Test the S&P 500 200-Day Moving Average. Does it Work?
https://www.liberatedstocktrader.com/200-day-moving-average/
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Our testing of the 200-day MA on the S&P500 over 16 years revealed that using this indicator is a losing proposition. A buy-and-hold strategy made a profit of 192% vs. the 200-day MA, which made only 152%.
