SP500 路 Situation Update


The Standard & Poor’s 500, also known as the S&P 500, is a stock market index that measures the performance of 500 large companies listed on US stock exchanges. It was created in 1957 by Standard & Poor’s, a financial services company that provides research and analysis on stocks and other financial instruments.

The S&P 500 is often used as a benchmark for the US stock market, as it represents a diverse range of industries and sectors. The companies included in the index are chosen based on their market capitalization, liquidity, and other factors. As of 2021, the companies included in the index represent about 80% of the total market capitalization of US equities.

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Since its creation, the S&P 500 has become one of the most widely followed and analyzed stock market indexes in the world. It is often used as a measure of the overall health and performance of the US economy and is frequently referenced in financial news and analysis.

Over the years, the S&P 500 has experienced significant growth and volatility. In its early years, the index saw moderate growth, with occasional periods of decline. However, in the 1980s and 1990s, the index saw significant growth, driven by factors such as the rise of technology companies and the overall strength of the US economy.

Remember the past article I been writing about, in two sentences:

鈥淓verything indicates that the price can go down but… I also see signs of an upward turn and, respecting 3,500 鈥減oint zone鈥, make one last and surprising upward movement, now that it seems that the world is ending and the banks, all of them, are going to close (author’s note, banking joke)鈥.

鈥淚n this graph, now closer in time, what I see is a bullish channel, finished and the price on the support, it is supported, it does not lose it and it begins to rise.鈥

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The weeks, the months, go by, and two and a half months after the previous article, we see how the S&P has gone up and seems to continue going up, but…

We are, if you look at the accompanying chart below, testing for the third time possible upward resistance (from the full start of the current move, which began in March 2009).

This type of resistance, which for those less experienced in charting, in technical analysis, is quite difficult to observe visually, is when the price, after reaching a ceiling, important resistance, goes down and then in resistance in the same line, performs theoretical bullish movements in overcoming, but often, to look for a better zone of strength, to continue with its possible and great upward trend, which could be, bearish.

A lot of caution in case I’m right (that the graph gives and takes away at its convenience…). But what is written, be careful, please, since if what is observed is true, the movement for this summer will be more downward than upward. Pay attention!!!

Now at 4372 points鈥 and after at鈥

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High interest rates, global and North American instability, the possible change of president… the end of spring, which is usually a traditional area for collecting pre-summer profits… all this adds up, to pay attention to which is also observed in technical analysis.

I also make a note that the RSI of relative strength is returning to 70-point zones, an area traditionally of attention because it is a habitual resistance, as a rule in these situations…


For those interested, it is also very possible that soon, I will take a great investment, trading course, for both worlds: TradFi & DeFi. The objective of this course will be to teach about the approximately 20,000 hours that I have been observing graphs, and also about how to manage financial leverage, in both worlds, since also in DeFi, and more if possible, it must be very clear that that’s what you seem to be doing…

Happy summer that is beginning shortly and… pay attention to my words.