SPY 10/100 Trend Following System – 4/12/13

spy041213

This was yet another week that made me wish I started following this system in time to get in on this trend. The SPY is up about 11.5% since the 10 day moving average crossed above the 100 day moving average. After this past week, it is trading well above the 10 day line and we can’t possibly get a sell signal until it breaks below that line.

Sooner or later this rally will falter and when that happens, I will get a signal to get in on the short side. Until then, all I can do it wait.