In the case of indices such as the S&P 500, prices around (or well below) the EMA 200 (or EMA 50 in the weekly chart) are always clear opportunities for me to make larger individual purchases. I also like to buy when the EMAs are tested from above.
Accordingly, when prices are well above the EMAs, I generally only buy via my regular savings plans and even reduce the amounts if necessary.
This also applies to individual stocks that I am absolutely convinced of as a long-term investment, such as $BRK.B.
The last purchases made according to this scheme have performed very well so far.
I have not yet paid attention to the RSI, but it is definitely worth considering 👍
Accordingly, when prices are well above the EMAs, I generally only buy via my regular savings plans and even reduce the amounts if necessary.
This also applies to individual stocks that I am absolutely convinced of as a long-term investment, such as $BRK.B.
The last purchases made according to this scheme have performed very well so far.
I have not yet paid attention to the RSI, but it is definitely worth considering 👍
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5Mes
@ChrisBizz yes, you can always see how the indices bounce off the EMA again and again, which is bull market territory. Only in bear markets every 25 years are the indices below it for a longer period of time. I think there is also an investment strategy where you are only invested when you are above the EMA. But I don't know what it's called at the moment :D
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•@Dirty30 Yes, I've read about that too: When the price rises above the EMAs, you invest in a leveraged ETF on I think the S&P 500 or Nasdaq 100 and stay in as long as the price remains above the EMAs. But unfortunately I missed the last entry (I think it was in October 2023) 🤷♂️
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•5Mes
@ChrisBizz then keep an eye out next time :D
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