S&P 500. Potential Shift in S&P 500 Trends: Navigating the Possibility of a Correction

 

The daily S&P 500 index has entered a bullish zone today, displaying a favorable upward trend. However, as of January 11th, there is a high likelihood of a shift towards a corrective trend. Given the significance of today's release of Consumer Price Index (CPI) and inflation indicators, the point at which the correction trend intensifies, there is a possibility of re-entering the bearish zone. If selling pressure strengthens, we could see a return to the bearish zone. Conversely, if the released indicators align with consensus expectations, we might observe a gradual entry into a correction trend or the continuation of the upward trend.

Jan 10, 2024

Closed price

4,783.45

0.57%

 

 

Appropriate Investment Position: Bullish-Buy [Long-term strategy]

Today's Buy-Sell intensity analysis

The current trend appears to be 'Uptrend'. The OPEN-price started with a weaker upward rate than the current trend and The HIGH and LOW prices are showing an appropriate HIGH-price to the current trend and a weaker LOW-price Finally, the CLOSE-price closed with a suitable upward rate for the current trend.

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

Assuming that the average buy intensity is 100%,

Today's buy intensity is

113%

 

 

Tomorrow's Buy-Sell intensity Prediction

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

The %intensity of Risk & Return tomorrow :

-47%

HIGH ~ LOW % range tomorrow :

0.0%

-0.4%

Predicted Average loss over the next 3 days:

-0.4%

 

 

 

 

 

 

 

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 an ascending rectangle pattern, with a ratio of 3 : 7 for the downward to upward direction, indicating a higher proportion of the upward trend. And, in terms of the expected strength of the upward and downward movements, the upward strength is higher, while the downward strength is moderate. Currently, it's in the midst of a strong uptrend in prices, marked by brief declines and strong rises. and It's maintaining a suitable Buy-Sell intensity for the current trend conditions.

Indicating that We are currently in a bullish zone. Therefore, it is recommended to implement a strategy to increase profits and take a suitable investing position. A suitable investing position is 'Buy(Bullish) and Hold' for now. The appropriate buying timing is predicted to be in 2 days.

The buying date is

Jan 11

to

Jan 12

A good price to buy a stock:

$ 4,746.63

And the appropriate selling timing is predicted to be in 7 days.

 

The selling date is

Jan 19

to

Jan 22

A good price to sell a stock:

$ 4,846.22

(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.

Predicting the Turning Point of the Trend

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

 

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

Price:

4,752.34

~

4,843.61

% Change:

-0.7%

~

1.3%

Median price between the upper and lower prices

4,797.97

0.3%

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

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

Bullish

42%

The Current trend zone & level%

Bullish

14%

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

Bullish

47%

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

67%

(Max 100%)

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

-39%

(Min -100%)

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

Trend

%Intensity

HIGH

LOW

In 1 day: Entering a correction trend

-47%

0.0%

-0.4%

In 2 days: Entering a correction trend

-44%

0.0%

-0.5%

In 3 days: Reversion to an uptrend

100%

0.8%

0.1%

In 4 days: Uptrend

77%

0.8%

0.1%

In 5 days: Uptrend

96%

0.7%

0.1%

In 6 days: Entering a correction trend

-16%

0.1%

-0.4%

In 7 days: Entering a correction trend

5%

0.2%

-0.3%

In 8 days: Correction trend

-45%

0.0%

-0.4%

In 9 days: Correction trend

-43%

0.1%

-0.4%

In 10 days: Entering an uptrend

60%

0.6%

0.0%

Average closing price in case of rising:

 

0.6%

=> HIGH ~ LOW range:

0.7%

~

-0.2%

Average closing price in case of falling:

 

-0.3%

=> HIGH ~ LOW range:

0.3%

~

-0.6%

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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