MVedra
Long

S&P500 - Third Strongest Run in 40 year - but don't short!

SP:SPX   S&P 500 Index
Using the Relative Strength Indicator the S&P500             is showing the third strongest run in 40 years... and surpassing the other two in Nov-1995 and Mar-1986. But don't try to call the top...

In each case the S&P500             made higher gains, and momentum actually faded significantly before any major pullback.

Major pullbacks are preceded by consolidating ranges (i.e. absence of higher highs) and often higher lows. It from these trading range that S&P 500             often fails.



English (UK)
English
English (IN)
Deutsch
Français
Español
Italiano
Polski
Türkçe
Русский
Português
Bahasa Indonesia
Bahasa Melayu
ภาษาไทย
Tiếng Việt
日本語
한국어
简体中文
繁體中文
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out