94 0
The S&P 500 has had an impressive run, particularly since 2012. Although yearly returns have decelerated since 2013, The beginning of 2018 saw the most oversold reading on the RSI since inception. This was followed by a volatile decline that momentarily breached the trend-defining 200 daily SMA . Any higher high in the vicinity produced by the market in a reasonable time period was bound to produce indicator divergences, which is exactly what followed. Once again, we are seeing higher volatility . However, this pullback has spent significantly more time below the longer-term moving averages, and range trading can clearly be seen on the Daily chart . This along with the flattening of the MA's indicates that the bull trend is in the process of ending, yielding first to a ranging market, and then possibly yielding to a new bear market. Economics and global finance will play a role in determining the length of time and the slope of the next market move, but the post-financial crisis bull is writing its final chapter.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out