S&P 500 | Today | Next few days | Next few weeks |
Trend | Down | Down | Down |
Action | Sell | Sell | Sell |
Trend reversal | 50% | 50% | 75% |
Key Reversal Levels | |||
S&P 500 cash | above 1955.5 | above 1955.5 | above 1969 |
S&P 500 Future | above 1954.5 | above 1954.5 | above 1968 |
Trade Setups |
The trend is likely to reverse when the trend reversal is 75%. A breach of a key reversal level implies a neutral position.
Research provided by e-Yield
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