Saturday, November 7, 2015
SPX S&P 500 Monthly Chart Long Term Trend Line
A long-term trend line for the SPX from 1995 to present, the last 20 years, displays lots of price touches and serves as a bull-bear line in the sand for LT investors. The trend line is currently at 2050-ish. Price is 50 points above at 2100 so the bulls are happy. Bears will be joyous if the SPX falls under 2050 since extended market weakness will follow. This information is for educational and entertainment purposes only. Do not invest based on anything you read or view here. Consult your financial advisor before making any investment decision.