Category: Weekly Updates

Last week, the S&P 500 experienced a slight decline of -0.2%, characterized by a rally on Tuesday and a sell-off on Friday. Since the beginning of March, the S&P 500 has been moving within a tightening trend channel. However, on Friday, the S&P 500 broke downward out of this formation. This development has caused uncertainty…

Last week, the S&P 500 experienced a slight decline of -0.04%, characterized by a sell-off on Tuesday and a rally on Thursday. Over the past two weeks, the S&P 500 has been moving within a tightening trend channel. Although the release of US labor market data briefly caused the index to break out of this…

The S&P 500 moved by +0.88% this week. From Monday to Wednesday, the index traded within a trend channel, from which it broke out on Thursday. The sideways movement has reduced the short-term overbought condition, providing some upward potential for the S&P 500. On Friday, February 16th, our indicators signaled, triggering a new trading signal.…