S&P 500 Index – The Bear bloggers and podcasters are frustrated, again

S&P 500 Index Upward trend, again

The US stock market apocalypse and catastrophe bloggers, teevee pundits, and podcasters will have to push off their doom predictions (personal opinions) into the future again. The S&P 500 Index is taking out Monthly, Weekly, and Daily S/R (Support and Resistance Price Levels) aka Price Reversals. The chart below is the Index Monthly S/R Price Level.

image
S&P 500 Index Monthly Support and Resistance

Author: Trendanomics

Trend following the markets with simple trend following strategies.