Thursday, 31 October 2024

Red October

 


 


Summary 

The SPX saw a net October decline of -57pts (1.0%) to 5705, having cooled from a new historic high of 5878. Momentum ticked back lower, if remaining on the very high side. Another monthly close above the key 10MA (5360), as the m/t trend remains bullish.

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Monday, 30 September 2024

Net bullish September



 

Summary 

The SPX saw a September gain of +114pts (2.0%) to 5762, having recovered from a low of 5402 to print a new hist' high of 5767. Momentum ticked a little upward, and remains on the very high side. Another monthly close above the key 10MA (5267), as the m/t trend remains bullish.

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Saturday, 31 August 2024

Mixed August

 


 


Summary 

The SPX saw an August gain of +126pts (2.3%) to 5648, having recovered from a low of 5119. The monthly settlement saw a powerful spike floor from around the key 10MA (5147), as the m/t trend remains bullish. Momentum ticked a little upward, settling on the very high side.

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