Home > heikin-ashi > $SPX, a case for an new all-time-high | #markets #heikinashi #trendfollowing #investing #trading

$SPX, a case for an new all-time-high | #markets #heikinashi #trendfollowing #investing #trading

August 9, 2020

S&P-500 ($SPX) daily

  • (+) S-oscillator is above 90, with the average below it.
  • (+) $SPX is near the all-time high.

 

S&P-500 ($SPX) weekly

  • (+) S-oscillator reversed higher below 90.

 

  • (+) In all past cases since 2010 – with one exception in 2018 – S-oscillator bullish reversals brought it to the 90-level and the index, higher.

 

S&P-500 ($SPX) monthly

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