Summary
A fifth consecutive net monthly gain, the SPX seeing a net September gain of +228pts (3.5%) to
6688,
having printed a new hist' high of 6699. Momentum
ticked upward for a fourth month, and is increasingly positive. A fifth monthly settlement above the key 10MA (6066), as the mid
term trend should be seen as bullish.
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Summary
The SPX saw a net August gain of +120pts (1.9%) to 6460,
having printed a new hist' high of 6508. Momentum
ticked upward for a third month, and is increasingly positive. A fourth monthly settlement above the key 10MA (6000), as the mid
term trend should be seen as bullish.
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Summary
The SPX saw a net July gain of +134pts (2.2%) to 6339,
having printed a new hist' high of 6427. Momentum
ticked upward for a second month, having turned positive. A
third monthly settlement above the key 10MA (5925), as the short/mid
term trend should be seen as bullish.
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Summary
The SPX saw a net June gain of +293pts (5.0%) to 6204, having printed a new hist' high of 6215. Momentum
ticked back upward, and is due to turn positive as of July 1st. A second monthly settlement above the key 10MA (5867), as the short/mid term trend should be seen as bullish.
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Summary
The SPX saw a net May gain of +342pts (6.1%) to 5911. Momentum
ticked a touch lower, and remains marginally negative. A monthly settlement back above the key 10MA (5811).
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Summary
The SPX saw a net April decline of -42pts (0.8%) at 5569, having hyper spiked from 4835. Momentum
ticked lower for a fifth consecutive month, and has turned negative. The second consecutive monthly close under the key 10MA (5772), as the m/t
trend should be seen as broken unless >5850 (to be decisive).
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Summary
The SPX saw a net March decline of -342pts (5.7%) at 5611, having printed a low of 5488. Momentum
ticked a little lower, and is due to turn negative as of April 1st. A monthly close below the key 10MA (5762), as the m/t
trend bullish trend has been broken.
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Summary
The SPX saw a net February decline of -86pts (1.4%) to 5954, but that was from a new historic high of 6147. Momentum
ticked a little lower, but remains on the high side. Another
monthly close above the key 10MA (5728), as the m/t
trend remains bullish.
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Summary
The SPX saw a net January gain of +158pts (2.7%) to 6040, having printed a new historic high of 6128. Momentum
ticked a little lower, but remains on the very high side. Another
monthly close above the key 10MA (5636), as the m/t
trend remains bullish.
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Summary
The SPX saw a net December decline of -150pts (2.5%) to 5881, if having printed a new historic high of 6099. Momentum
ticked back lower, but remains on the very high side. Another
monthly close above the key 10MA (5558), as the m/t
trend remains bullish.
For more of the same...
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