samitrading

SPX's weekly update first week of April. Historically A+ month.

SP:SPX   S&P 500 Index

- P/E : @ 40.93 .Third highest reading since "1875"!!! Tops land. " Usually bottom of crashes not tops".
- SPX's Dividend Yield: @ 1.45 Possible target is 1.10 2000's bottom !!! US10Y @ 1.672 " Exactly like last "
- Insiders: 6 Sell, 2 Buy. Selling is down from 137. No activity here what so ever. Are they waiting !!!
- Seasonality: April is the best month of the past 20 years & 2ed past 10Y. Max 12.5% Min (-6.1%)
- Deviation : Daily - @13% (64% single pullback) weekly - @35% (76% single pullback)
- Candles Auto recognition : Nothing found 4 weeks in a row weekly, 7 months in a row for monthly.
- Putt/Call composite @.597 Vs. .764 Vs. last week = Less puts bought last week than the weeks before.
Still holding Higher Highs/Higher low. Kind of bouncing from 50d MA. Golden Cross looming
-Total Option Volume: 378667 Vs 295309 big increase 30% up from last week.
- VIX : In our safe green zone, we hit 17.40 Lowest seen # since last years crash + Closed 2020's "GAP"
- VWAP: @ 65 = No man's land, closer to up swing..
- DIX : 40 No man's land.
- GEX : @ 5,857,000,000 "No man's land".
- SPX : Above averages . They had us going last week the break down of 50d MA. Was a Bottom !!!!
- NYSE: Above average nothing to mention.


www.tradingview.com/...P500_PE_RATIO_MONTH/

I do more in depth studies of stocks on my twitter account. Hope you would enjoy it there as you are enjoying it here.

****** Past performance is no guarantee of future results***


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