• 749 days Will The ECB Continue To Hike Rates?
  • 750 days Forbes: Aramco Remains Largest Company In The Middle East
  • 752 days Caltech Scientists Succesfully Beam Back Solar Power From Space
  • 1,151 days Could Crypto Overtake Traditional Investment?
  • 1,156 days Americans Still Quitting Jobs At Record Pace
  • 1,158 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
  • 1,161 days Is The Dollar Too Strong?
  • 1,161 days Big Tech Disappoints Investors on Earnings Calls
  • 1,162 days Fear And Celebration On Twitter as Musk Takes The Reins
  • 1,164 days China Is Quietly Trying To Distance Itself From Russia
  • 1,164 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
  • 1,168 days Crypto Investors Won Big In 2021
  • 1,168 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
  • 1,169 days Food Prices Are Skyrocketing As Putin’s War Persists
  • 1,171 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
  • 1,172 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
  • 1,175 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
  • 1,176 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
  • 1,176 days Two ETFs That Could Hedge Against Extreme Market Volatility
  • 1,178 days Are NFTs About To Take Over Gaming?
How The Ultra-Wealthy Are Using Art To Dodge Taxes

How The Ultra-Wealthy Are Using Art To Dodge Taxes

More freeports open around the…

What's Behind The Global EV Sales Slowdown?

What's Behind The Global EV Sales Slowdown?

An economic slowdown in many…

The Problem With Modern Monetary Theory

The Problem With Modern Monetary Theory

Modern monetary theory has been…

  1. Home
  2. Markets
  3. Other

SP 500 Trend and Reversal Prospects

May 23rd, 2009

Here is the 200-day primary trend line of the S&P 500 showing its prolonged and continued downward movement (bear market condition) along with the position of four secondary trend lines that must move above the primary trend line before the primary trend changes slope from negative to positive.

Those staging into risk positions in the US stock market would be well served to monitor these key visual clues about the eventual transition from the current bear to a future bull when deciding how much and when to commit cash for an intended ultimate position size:

(1) the slope of the primary trend line

(2) the location of the secondary trend lines (whether above or below the primary trend line)

(3) the direction of movement of the secondary trend lines

(4) the relative position of the secondary trend lines above or below each other.

Similar visual analysis of price behavior of other asset categories should be equally helpful.

 

Back to homepage

Leave a comment

Leave a comment