Trend for Position Traders
2/3/23… UPDATE: The S&P 500 index surged more than 2% last week in the wake of the FOMC’s latest policy announcement and a blowout jobs report. The S&P 500 sank 19.4% in 2023. Investors remain concerned over rate hikes, slowing economic growth, and geopolitical tensions.
The S&P 500 Index is useful for monitoring, trading, or investing as it tracks a basket of leading U.S. large-cap stocks. When this index forms new uptrends or downtrends, it is meaningful as this index represents around 85% of the value in the U.S. stock market.
Concerns over rising interest rates and an increasingly uncertain global economic backdrop have sent many stock prices falling sharply in 2022.
Elevated inflation, slowing global economic growth, rising interest rates, and the ongoing war in Eastern Europe continue to concern investors in the near term.
When another change in the trend of the S&P 500 index is detected, we will alert our members!
Our Market Trakker alert system will keep you advised of the current broad U.S. stock market trend. When we detect a change in the major Long-Term trend, our members will be notified by email (and inside The Robinson Report) along with details on how we are responding.
Long-Term Trend for Long-Term Investors
2/3/23… The S&P 500 index is no longer in a confirmed Long-Term downtrend based upon our trading system. When our Market Trakker system detects another change in the underlying Long-Term Trend in the S&P 500, this page will be updated.
- Market Trakker Charts – Updated Every Weekend
S&P 500 Index – Daily Chart
S&P 500 Index ETF (SPY) – Position Trend (Weekly) Chart
S&P 500 Index – Long-Term Trend (Monthly) Chart
(Last Long-Term Downtrend – Detected 6/17/22)
- Market Trakker Resources
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