SP500
CLOSED BELOW TRENDLINE.
CLOSED BELOW 9 DAY EMA
PARABOLIC SAR SELL
CSS III:
Analysis of S&P 500 INDEX
(.SPX)
Reviewed on 7/21/98
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High: 1,187.370
Low: 1,163.050
Close: 1,165.070
Change: -19.030 (-1.6071%)
Volume Today: 0 shares.
On 7/21/98, S&P 500 INDEX closed down -19.0300 at 1,165.0699 on volume 0.00% below average.
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Summary:
MOVING AVERAGES
S&P 500 INDEX closed at: 1,165.070
The close is currently Below its 5 period exponential moving average (1,175.2017).
The close is currently Below its 9 period exponential moving average (1,171.6490).
The close is currently Above its 21 period exponential moving average (1,155.7540).
The close is currently Above its 50 period exponential moving average(1,132.2731).
The close is currently Above its 200 period exponential moving average (1,047.5065).
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TREND STRENGTH:
- this number represents the trend strength. Ideally, for going long, you want to see a rising value for each progressing day. A low reading (around 20's-40's) represents an oversold condition - this could mean that uptrend might just be starting. A high reading (around 80's-90's) represents an overbought condition - this could mean that uptrend might be limited/topping.
Trend Strength for the Last 5 Days
83.6260
92.0936
92.0083
90.8667
89.5619
Again use other indicators/analysis to confirm.
Super MACD
Currently the MACD is bullish since it is trading above its signal line.The MACD crossed above its signal line 20 period(s) ago. Since the MACD crossed its moving average, S&P 500 INDEX's price has increased 5.61% , and has ranged from a high of 1,190.580 to a low of 1,099.420.
SUPER RELATIVE STRENGTH (Super RSI)
This customized RSI shows overbought (above 80) and oversold (below 20) areas.
The current value of the Super RSI is 65.53.
The Super RSI can also be used with when it moves above and below the 50 trigger line.
Currently is Above the 50 trigger line.
PARABOLIC STOP AND REVERSE (SAR)
An SAR Sell signal was generated today. If you are long, this might be a good place to exit.
This commentary is not a recommendation to buy or sell, but rather a guideline to interpreting the specified indicators. Always use other indicators/forms of analysis to confirm. |
