S&P 500 4 Hour Price Update
Updated June 02, 2020 03:13 AM GMT (11:13 PM EST)
3042 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 0.43% ($13) 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
S&P 500 is up 0.38% (11.42) since the day prior, marking the 2nd day in a row an increase has occurred. Out of the 8 instruments in the 8 major global equity indices asset class, S&P 500 ended up ranking 7th for the day in terms of price change relative to the day prior. 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 neodelphi:
S&P 500 now almost at their peak levels prior to #COVIDー19, shaming the gurus who keeps predicting further market crashes!Market always do the opposite of the obvious time and time again! The bears lost their money trying to short since 2700 area 🤣#spx #stocktrading
- From RBPC_Capital:
Imagine the headline “S&P 500 hits new ALL TIME HIGH as protesters destroy cities, and fears of a second wave of covid 19”. What a way to make the wealth gap feel immensely bigger than ever. $SPX $SPY $QQQ $TSLA
- From OpinicusHolding:
We just saw the best two months for the S&P 500 since March/ April 2009…
Which incidentally was not a bear market rally but the beginning of a 10 year long bull market.$SPY $ES_F $SPX
For a longer news piece related to SPX that’s been generating discussion, check out:
Image: Goldman Sachs Global Investment Research S&P 500 Sector Return on Equity vs….Image: Goldman Sachs Global Investment Research Five Largest Stocks vs.