The S&P 500 Index has bounced off of support of $3,235, and, is trading well above the benchmark of a 20% annualized rate of growth (CAGR) over a 200 day moving average, as depicted in the two stock charts below.
Author Archives: Trendanomics
Stock Market Trend
The US Stock market is well established in an ongoing Bullish Uptrend. The S&P 500 Index is well above the 20% annualized rate of growth over a 200 day moving average. The trend filter crossed from below to above on December 12th, as shown on the chart below.
Trade signals
Equity Indexes S&P 500 Index (SPX) is above the 200-day Moving Average Trend of a 20% annualized rate of growth: Signal – Above trend for Equities Nasdaq 100 Index (NDX) is above the 200-day Moving Average Trend of a 20% annualized rate of growth: Signal – Above trend for Equities Gold Miners Index (GDM) isContinue reading “Trade signals”
