S&P 500 Index trend investing update 07-02-2020

The S&P 500 Index (SPX) going into the close on Thursday (end of trading week), once again the $3,155 price is proving to be serious resistance, as shown on the stock chart below. Today is the 4th time it has tagged $3,155 and failed. The index continues to trade under the benchmark filter of 20% annualized rate of gain over a 200 day average.

Blog comments welcome.

S&P 500 Index (SPX)

Published by Trendanomics

Trend investing the markets with simple trend following strategies.

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