"The Golden Cross" - Current value of the S&P 500 minus the value of the 200 day moving average. Proponents include Paul Tudor Jones, Meb Faber, and Jeremy Siegel.

False/Positives - To mitigate false/positive buy followed by sell signals for a loss, Faber utilizes end of month prices while Siegel requires a minimum 1% variance.

Period: Jan 2022 - May 2022

As we can see in this period 2 false/positives occurred.

S&P 500 Proxy: SPDR S&P 500 ETF Trust (SPY)

Alternative: Pacer Trendpilot US Large Cap ETF (PTLC)

Using the same period one can see the drawdown is significantly less than the traditional approach:

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