S&P 500 Index weekly 09-15-2020

The index (SPX) today closed at $3,401.20 In an ongoing bull market, last weeks’ high, as indicated on the stock chart below, was $3,426. In the context of trend investing, we want to see the price close over that at the close of this week. The index is continuing to maintain a trend filter in excess of a 20% annualized rate of growth over a 200 day moving average.

Comments welcome.

S&P 500 Index (SPX)

Published by Trendanomics

Trend trading analysis of the markets with simple trend trading strategies.

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