Trend investing versus fundamental analysis, ld Miners Index
gold outperforming stocks
The S&P 500 Index (SPX) today is headed down to test the support level of $2,856. We’ll see what happens then.
the Index is regaining long term Upward trend
the Airlines industry gave plenty of warning
the stock market continues in CRASH MODE
The S&P 500 Index (SPX) today closed over last Months’ all time high, again. Daily stock chart below.
Equity Indexes S&P 500 Index (SPX) has crossed below the 200-day Moving Average Trend of a 20% annualized rate of growth: Signal – Below trend for Equities Nasdaq 100 Index (NDX) continues trading above the 200-day Moving Average Trend of a 20% annualized rate of growth: Signal – Above trend for Equities Gold Miners IndexContinue reading “Trade signals 01-31-2020”
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.
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.