S&P 500 Index Daily Trend Analysis: Transition to Bearish Zone Signals Caution Ahead.



In the past five days, the S&P 500 index has undergone a correction trend, shifting from the bullish zone to a bearish one as of October 19th. This change signifies a shift from the previous upward trend followed by a correction phase, indicating that the prospect of a further significant rise from the previous high has become challenging. The index is now in a bearish zone, suggesting a continued downward trend for the coming weeks.

Given the current scenario, it is crucial to consider strategies to mitigate potential losses in the face of the ongoing decline. In the short term, we anticipate a strong selling pressure leading to a significant downward trend until early next week. However, it is expected that the intensity of selling pressure will gradually diminish, potentially indicating a trend reversal towards a rebound. This reversal pattern is likely to emerge starting from Tuesday to Wednesday next week.

Despite the potential for a rebound, it is important to note that any upward movement is expected to be limited both in terms of magnitude and duration. Towards the latter part of next week, this rebound trend may occur, but it is likely to be short-lived and restricted in scope. Subsequently, there is a high likelihood of the market resuming its downward trajectory.

In light of these developments, it is advisable for investors to closely monitor the market and consider adopting defensive strategies to safeguard their portfolios. The situation requires a prudent approach, and it's essential to stay vigilant and adapt to the evolving market conditions.

Oct 19, 2023

Closed price

4,278.00

-0.85%

 

 

Appropriate Investment Position: Bearish-Sell [Long-term strategy]

Today's Buy-Sell intensity analysis

The current trend appears to be 'Downtrend'. The OPEN-price started with a stronger upward rate than the current trend and The HIGH and LOW prices are showing a stronger HIGH-price and a stronger LOW-price Finally, the CLOSE-price closed with a stronger decline rate than the current trend.

The overall buy-sell intensity indicates that the sell intensity is stronger than the buy.

Assuming that the average sell intensity is -100%,

Today's sell intensity is

-118%

 

 

Tomorrow's Buy-Sell intensity Prediction

Based on recent market trends and technical analysis, it looks like S&P 500 will enter a Rebound trend tomorrow

The %intensity of Risk & Return tomorrow :

-96%

HIGH ~ LOW % range tomorrow :

0.1%

-0.8%

Predicted Average loss over the next 3 days:

-1.9%

 

 

 

 

 

 

 

S&P 500 stock market 10 Day prediction [Short-term strategy]

It is expected that the overall trend movement over the next 10 days will follow a descending rectangle pattern, with a ratio of 6 : 4 for the downward to upward direction, indicating a higher proportion of the downward trend. And, in terms of the expected strength of the upward and downward movements, the downward strength is higher, while the upward strength is moderate. Currently, it's in the midst of a downtrend characterized by a strong downward price momentum, with temporary rises and strong falls. and It's maintaining a suitable Buy-Sell intensity for the current trend conditions.

Indicating that We are currently in a bearish zone. Therefore, it is recommended to implement a strategy to reduce risk and take a suitable investing position. A suitable investing position is 'Sell(Bearish)' for now. The appropriate selling timing is predicted to be either today or tomorrow.

The selling date is

Oct 20

 

 

A good price to sell a stock:

$ 4,276.13

And the appropriate buying timing is predicted to be in 3 days.

 

The buying date is

Oct 23

to

Oct 24

A good price to buy a stock:

$ 4,223.83

(Prediction may shift due to changes in the Buy-Sell intensity)

Volatility of Prediction

Due to maintaining a proper flow of Buy-Sell intensity that is suitable for the current trend, pretiming predictions may have low volatility.

Prediction the turning point of the trend

The probability of a trend reversal occurring approximately 3 days from now, 7 days from now

54%

Prediction of Upper~Lower price range over the next 10 days

Price:

4,200.24

~

4,278.00

% Change:

-1.8%

~

0.7%

Median price between the upper and lower prices

4,239.12

-0.9%

Analysis of the trend zone & level% and average intensity of trends

For the last 30 days, the average trend zone & level%

Bearish

-20%

The Current trend zone & level%

Bearish

-3%

The expected average trend zone & level% for the next 10 days

Bearish

-59%

If the trend moves upward from the current trend level%, it's expected to have an average upward strength of

46%

(Max 100%)

And if it moves downward, it is expected to have a downward strength of

-74%

(Min -100%)

Prediction the intensity of the trend and the range of the HIGH ~ LOW

Trend

%Intensity

HIGH

LOW

In 1 day: Entering a rebound trend

-96%

0.1%

-0.8%

In 2 days: Entering a rebound trend

-79%

0.0%

-0.8%

In 3 days: Entering a rebound trend

-10%

0.1%

-0.4%

In 4 days: Rebound trend

50%

0.6%

0.0%

In 5 days: Rebound trend

50%

0.8%

0.0%

In 6 days: Entering a downtrend

43%

0.4%

0.0%

In 7 days: Entering a downtrend

-97%

0.0%

-1.0%

In 8 days: Downtrend

-72%

0.0%

-0.9%

In 9 days: Entering a rebound trend

-88%

0.0%

-0.8%

In 10 days: Entering a rebound trend

40%

0.6%

0.0%

Average closing price in case of rising:

 

0.5%

=> HIGH ~ LOW range:

0.7%

~

-0.3%

Average closing price in case of falling:

 

-0.6%

=> HIGH ~ LOW range:

0.2%

~

-0.8%

The 10-day prediction and technical analysis of the S&P 500 index are conducted based on the analysis of buy-sell intensity by the pretiming analysis. This analysis provides detailed information on various aspects, including the best stocks to buy, stock price targets, and investment strategies. It also includes bearish and bullish stock trend analysis as well as stock technical analysis.

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