S&P 500 (SPX) Up $5 in Last 4 Hours, Entered Today Down 0.46%; in a Downtrend Over Past 14 Days

S&P 500 4 Hour Price Update

Updated September 17, 2020 07:14 PM GMT (03:14 PM EST)

S&P 500 is up 0.15% (5) since the previous 4 hours, marking a reversal from the candle prior — and the end of a 3 four-hour candle negative run. Relative to other instruments in the equity indices asset class, S&P 500 ranked 5th since the previous 4 hours in terms of percentage price change.

S&P 500 Daily Price Recap

The end of a 3 day positive run has come for S&P 500, which finished the previous day down 0.46% (15.71). Out of the 14 instruments in the equity indices asset class, S&P 500 ended up ranking 12th for the day in terms of price change relative to the previous day. Let’s take a look at the daily price chart of S&P 500.

SPX

S&P 500 Technical Analysis

The clearest trend exists on the 14 day timeframe, which shows price moving down over that time. For additional context, note that price has gone up 20 out of the past 30 days.

Overheard on Twitter

Over on Twitter, here were the top tweets about S&P 500:

  • From CycleWacher:

    via MorgStan… “Option-implied moves over the election have softened over the last few weeks, and the current implied move for the S&P 500 the day following the election is just under 3%, the lowest since 4-Nov SPX options were listed and down almost 1% from its peak… 1/x

  • From Asktraders1:

    🇺🇸📈
    DOW          +0.00%  27,994
    S&P 500    +0.53%   3,401
    NASDAQ    +1.21%    11,190 #NASDAQ #SPX #DJIA

  • From TraderRaw:

    $spx $spy when is S&P 500 going to 4,000 – before elections or after?