S&P 500 (SPX) Up 2.29%; in a Downtrend Over Past 90 Days

S&P 500 Daily Price Recap

The choppiness in the recent daily price action of S&P 500 continues; to start today, it came in at a price of 2799.31 US dollars, up 2.29% ($62.75) since yesterday. Out of the 8 instruments in the 8 major global equity indices asset class, S&P 500 ended up ranking 3rd for the day in terms of price change relative to yesterday. Here is a daily price chart of S&P 500.

S&P 500 Technical Analysis

The clearest trend exists on the 14 day timeframe, which shows price moving up over that time. Or to view things another way, note that out of the past 10 days S&P 500’s price has gone up 6 them.

Overheard on Twitter

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

  • From Hashim38017372:

    The Dow Jones Industrial Average .DJI rose 418.46 points, or 1.82%, at the open to 23,437.34. The S&P 500 .SPX opened higher by 51.33 points, or 1.88%, at 2,787.89. The Nasdaq Composite .IXIC gained 171.32 points, or 2.07%, to 8,434.55 at the opening bell.

  • From the_chart_life:

    Although some are a little dramatic about it, the S&P 500 hasn’t gone anywhere since 4/9. Is it consolidating before another leg higher? Is it building a top and then we roll over? TBD. We need direction! $SPY $SPX

  • From BEalavvyer:

    S&P 500 UNOFFICIALLY CLOSES DOWN 81.52 POINTS, OR 2.89 PERCENT, AT 2,741.64DOW JONES UNOFFICIALLY CLOSES DOWN 593.60 POINTS, OR 2.51 PERCENT, AT 23,056.84NASDAQ UNOFFICIALLY CLOSES DOWN 282.40 POINTS, OR 3.30 PERCENT, AT 8,278.33$DIA $SPY $QQQ#DOW #SPX #NASDAQ

As for a news story related to S&P 500 getting some buzz:

Search Results for “S&P 500” – ISABELNET

Image: UBS S&P 500 and 3-Month VIX vs….Image: BofA Global Research The Five Biggest Stocks in the S&P 500 The five biggest tech stocks dominate the S&P 500 Index.