S&P 500 (SPX) Down $9 Over Past 4 Hours, 2 Day Up Streak Broken; in an Uptrend Over Past 14 Days

S&P 500 4 Hour Price Update

Updated July 17, 2020 11:13 AM GMT (07:13 AM EST)

3207 was the closing price of the four-hour candle for S&P 500, resulting in the current 4 hour candle being one in which price moved down 0.28% ($9) from the last 4 hour candle. Relative to other instruments in the 8 major global equity indices asset class, S&P 500 ranked 6th since the last 4 hour candle in terms of percentage price change.

S&P 500 Daily Price Recap

3215.57 was the closing price of the day for S&P 500, resulting in today being one in which price moved down 0.34% ($10.99) from the previous day. Relative to other instruments in the 8 major global equity indices asset class, S&P 500 ranked 2nd since the previous day in terms of percentage price change. The daily price chart of S&P 500 below illustrates.

S&P 500 Technical Analysis

The clearest trend exists on the 14 day timeframe, which shows price moving up over that time. For additional context, note that price has gone up 9 out of the past 14 days.

Overheard on Twitter

For laughs, fights, or genuinely useful information, let’s see what the most popular tweets pertaining to S&P 500 for the past day were:

  • From garyblack00:

    2/ After its 1Q GAAP profit, TWTR jumped +20% relative to SPX on anticipation of an S&P 500 add. From day of S&P announcement to 7 days after inclusion, TWTR rose another +22% relative. From 1Q EPS to +7 days after inclusion (total 7 wks), TWTR rose +48% relative. $tsla $tslaq

  • From Politica_Econom:

    Asian markets with U.S.-China tensions a factor also.What are major indexes doing?
    The Dow Jones Industrial Average US:DJIA was down 108 points, or 0.4%, to trade near 26,762 midday, while the S&P 500 US:SPX was down about 22 points, 0.7%, at 3,205. The Nasdaq Composite US:COMP

  • From SethCL:

    The S&P 500 Index has gained ~7% over the past 14 days, which makes this the fourth best summer rally in the past 70 years. July is typically the best summer month for stocks, but August… #trading #markets #SPX