
Improve Performance with Smoothing and Filters – 200-day Cross for SPY/QQQ – An Added Twist
SPY and QQQ crossed above their 200-day SMAs with big moves on Monday, and held above these long-term moving averages the entire week. In addition, the 5-day SMA moved above the 200-day SMA to reverse the bearish trend signal from mid March. The V-Reversal since late March was extraordinary and SPY seems short-term overbought, but the 5/200 day SMA cross is a bullish signal