Daily S&P 500 INDEX TRACKER

[JohnnyTheHorse]

The 1900 mark held strong today

That's a good sign

It's below the bull/bear trend line though. That's not a good sign eh?

Oh well, 1900 will hold us for today anyway. I reckon it'll close on it. 1875 will hold us tomorrow, so all good aye winner.

[winner69]

Looks like today another up day

That's 2 in a row

That's a good sign

[Entrep]

Timmmmmmmmber 1,900 gone

[Baa_Baa]

Timmmmmmmmber 1,900 gone

1879 support

[JohnnyTheHorse]

The bull/bear trendline has been convincingly broken. I am waiting for the key 1875 support zone before calling a confirmed bear market though, as its still possible to recover from here. I do expect 1875 to put up a strong fight.

Short agressively if broken.

[Valuegrowth]

We can expect at least 10% upside potential in S & P 500.

[ananda77]

Maybe this time, maybe not.... Johnny time will tell...If the S&P 500 is in a Bear market cycle then expect a few down waves to start appearing. The severe forms are termed capitulations...
At the moment
Europe is ugly today currently down -2.5 to -3.2%
China keeps shutting their shop (2nd time)..Hoping that will stop the slide.... -7% seems to be the circuit breaker point

S&P500 actions have been a lot milder but todays futures have more claws currently at -2.4%.....But they say "No Worries" there is a feel good economy going on and they have Aunty Yellen comforting them and its Election year..so everything is Hunky Dory..............however 3 lower lows and lower highs have occurred since beginning of November and now the 4th lower low is in progress...this action reinforces my belief that the DOW & S&P500 has probably been in a bear market cycle for 6 months now....This latest down wave is waking up some investors to question if the bull is still alive.

One of the very few Global Stockmarkets, still definitely in a Bull Market cycle is the Commodity dependent Country called New Zealand...go figure???

Ananda ..your thoughts now....

On the linear regression (mth), US and Europe markets have not even made it to their respective median price. Below, spells 'bear'.
Only the AUS ASX 200 has fit the criteria since August 2015 (short)
Also Oil at 25 and possibly no more FED rate hikes in 2016, pressureing the extended US$, still favor 'net long'

Kind Regards

[ananda77]

On the linear regression (mth), US and Europe markets have not even made it to their respective median price. Below, spells 'bear'.
Only the AUS ASX 200 has fit the criteria since August 2015 (short)
Also Oil at 25 and possibly no more FED rate hikes in 2016, pressureing the extended US$, still favor 'net long'

Kind Regards

I should add:

Japan went to 'bear' in January 2016

German DAX testing 'bear' 9400

US NDX100 605 to 'bear'
US SPX 500 185 to 'bear'

Honkong went to 'bear' July 2015

Kind Regards

[winner69]

Be back to 2134 in a week or two?

[Baa_Baa]

Chartists might find this analysis interesting http://www.zerohedge.com/news/2016-0...now-time-worry