S&P 500 (SPX) Moves Down For the 2nd Day In A Row
Out of the 14 instruments in the equity indices asset class, s&p 500 ended up ranking 9th for the day in terms of price change relative to the previous day.
S&P 500
(Last Updated November 26, 2020)
Hello! This is the news page for S&P 500. Below you’ll find our daily market updates. Here’s a technical analysis summary of where things currently stand:
The Trend
If we observe the 90, 30 and 14 day timeframes, we see an uptrend in place for SPX.
SPX Moving Averages
The moving averages on SPX indicate a trend that is clearly bullish.
The chart below illustrates.
The View From the Weekly Timeframe
At the time of this writing, SPX’s price is up $72.11 (2.03%) from the week prior. Moreover, note that this move is a reversal from the week prior, which saw price move down. If you’re a trend trader, consider that the strongest clear trend on the weekly chart exists on the 20 week timeframe. Looking further out, the moving averages on the weekly timeframe suggest a bearishness in price, as the 20 and 50 are all in a bearish alignment — meaning the shorter duration moving averages are below the longer duration averages, implying a stable downward trend. The weekly chart below shows SPX’s price action over the past year.
S&P 500 (SPX) Down 0.16%
We’ve seen that exactly 1 other time over the last 70 years for the s&p 500:november 1980.
S&P 500 (SPX) Heads Up For the 2nd Straight Day; in an Uptrend Over Past 14 Days
It’s been a feast for bulls operating on an hourly timeframe, as spx has now gone up 4 of the past 5 hours.
S&P 500 (SPX) Up 0.56%
Tsla getting added to s&p 500 on dec 21st.. lets see if it can start to run into decembergood luck everyone!
S&P 500 (SPX) Down 0.68%
This is further above the average than has been typical during the last two years and indicates greed on the part of investors.
S&P 500 (SPX) Down 0.68%; in an Uptrend Over Past 14 Days
Regarding the trend, note that the strongest trend exists on the 100 hour timeframe.
S&P 500 (SPX) 2 Day Down Streak Broken; in an Uptrend Over Past 14 Days
Out of the 14 instruments in the equity indices asset class, s&p 500 ended up ranking 4th for the day in terms of price change relative to the previous day.
S&P 500 (SPX) Moves Down For the 2nd Straight Day; in an Uptrend Over Past 14 Days
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 day prior.
S&P 500 (SPX) 2 Day Up Streak Ended, in an Uptrend Over Past 14 Days; Pin Bar Pattern Appearing on Chart
Relative to other instruments in the equity indices asset class, s&p 500 ranked 11th since yesterday in terms of percentage price change.
S&P 500 (SPX) Down 1%; in an Uptrend Over Past 14 Days
Out of the 14 instruments in the equity indices asset class, s&p 500 ended up ranking 9th for the day in terms of price change relative to yesterday.