The latest signal for S&P 500 is WAIT.
In the past 9 trading sessions, S&P 500 index has dropped from 4373.63 to 4117.37, a change of -5.9 percent. The index closed at the high of the period on Monday(10-16-2023) at 4373.63. It then dropped to the low of the period on Friday(10-27-2023) at 4117.37. We started the period with the all-cash position. A buy signal was triggered on Monday(10-23-2023). We purchased the index at the market close with the index price of 4217.04. A sell signal was triggered on Thursday(10-26-2023). We exited the position at the market close with the index price of 4137.23.
