S&P 500 Long Term Technical Perspective

INNO
  • Blue lines –> 10yr upper/lower bounds and includes the Mean
  • Red lines –> 20yr upper/lower bounds and includes the Mean
No photo description available.
No photo description available.

S&P 500

  • Purely from a long term technical perspective.
  • Currently trading around the 10yr Mean of approx 2900
  • 10yr lower bound is around the 2600 level
  • Trading above the 20yr Mean of approx. 2600
  • 20yr Mean is approx same as the 10yr Lower Bound
  • Pull back to the 20yr Mean (10yr Lower Bound) would entail about another 7% drop

Kyle, Guest blog

 

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