$SPY if you are attempting to pick stocks under the downward sloping 200EMA and wondering why they continue to fail, run a scan to remove these your watchlist. You'll be much happier.
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@gpaisa So we are aligned lol. Has to have the condition of slope. I agree. I have a strategy that uses slope in addition to a MA cross which works well but it’s often late so I don’t use it much
@TriguyMA in general its just best to stay away from the 200 slope down and under the 200. Wait for it to break back over and see if the back test holds IMO. If it doesnt, still needs time.