Stocks above 200 day MA

This chart shows that pretty much the best point in the history of the stock market to buy was in the first half of 2009. Returns since that low point during very turbulent times for the economy have been phenomenal. The chart here shows that there was indeed a very clear signal that investors could have seen in that this metric of % stocks above 200 day MA skyrocketed in early 2009. Inversely there was also a failure to break above the area drawn that signalled a return to the bear market in 2008. The current situation looks like we could be in a similar place. Certinly a chart to keep an eye on.