bobview

Interesting S&P Weekly Moving Averages?

FX:SPX500   S&P 500 Index
We are currently centered on the 3-yr weekly moving average.
The 13, 26 and 104 weekly moving averages just intersected.
The higher 52-week MA reflects last year's over-valuation.
Regression channel at .9, possibly reflecting 10% correction.
Where are we going as the March FOMC meeting approaches?
Has the market adjusted for China (economy and Yuan)?
Will the market disconnect from oil flucuations?
Will retail investors return?
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.