Posts Tagged ‘SP500’
Is SP500 Poised for Growth or Collapse?
Since March, 2009 the S&P 500 prices have been going up, but the MACD has been going down. The Candlestick chart shows you which level you should be getting out of the market, as the market continues its slide down. If it goes below the level indication, the weekly trade triangle will signal an exit from all long positions in the S&P 500.
The monthly and weekly indicators are both positive, while the daily is negative. So if you are trading long, you will be watching the monthly signals for trend and the weekly signals for timing.
Stock market traders should be watching the trends using the Fibonacci Tool inside MarketClub to help maximize your returns.
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