Signal Update – 01-05-2024

The latest signal for S&P 500 is BUY.

In the past 9 trading sessions, S&P 500 index has dropped from 4746.75 to 4697.24, a change of -1.0 percent. The index closed at the high of the period on Thursday(12-28-2023) at 4783.35. It then dropped to the low of the period on Thursday(01-04-2024) at 4688.68. We started the period with the full-equity position. A sell signal was triggered on Thursday(01-04-2024). We exited the position at the market close with the index price of 4688.68. A buy signal was triggered on Friday(01-05-2024). We purchased the index at the market close with the index price of 4697.24.

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