Caylus, thanks for your thoughtful response. Much appreciated.
The fact that the golden cross has resulted in a strong uptrend 9 out of 9 times in 30 years is nearly fundamental in itself.
There is not much T/A required to look at a 30 year chart of SPX and count the number of times the 200sma crosses down over the 50sma. It has happened 9 times and looks as though it’s going to happen again. (Statistically).
If I’m wrong, the stops will happen when the death cross appears. (When 200ma crosses up)
At the moment I’ll stay history.
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Caylus, thanks for your thoughtful response. Much appreciated....
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