Only being long when the stock market is above the 200 Exponential moving averages is one of the most effective market timing tools. (trendfollowingmentor.com)
I think were this article is flawed is that it is responding to this notion of the Shiller CAPE as a binary market timing tool, meaning that at certain price points you are either 100 % vested in the market or 100 % in cash. (greenbackd.com)
Like the indicator shown on the chart above, the McClellan Oscillator is NOT used by our trading strategy as a market timing tool. (morpheustrading.com)