S&P 500 Index trend investing update 09-28-2020

Posted byTrendanomicsPosted inS&P 500 Index, Trend Investing

The S&P 500 Index (SPX) ($SPX), today, crossed from below trend to above. The benchmark used is a relative strength filter which measures the annualized rate of growth over a 200 day moving average.

There is a significant area of resistance just above at $3,427, as depicted in the stock chart below.

S&P 500 Index (SPX)

Comments welcome.

Published by Trendanomics

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

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