HomeInvestingVolatilityAsbury 6 Model Has Been Negative Since August 26th: SPX 3900 Level

Asbury 6 Model Has Been Negative Since August 26th: SPX 3900 Level

"The minor trend in the benchmark S&P 500 (SPX) turned positive or bullish on Friday as the benchmark index rose back above its 50-day moving average, but that trend change is tenuous right now. The major trend remains negative or bearish below major overhead resistance at 4275 to 4279, which is 5.2% above the market. However, if this major trend is still healthy and intact, it should resume by the early to middle part of next week," says John Kosar.

Morning Trade Live

14 Sep 2022

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