Signal Update – 01-16-2024

The latest signal for S&P 500 is HOLD.

In the past 9 trading sessions, S&P 500 index has risen slightly from 4742.83 to 4765.98, a change of 0.5 percent. The index closed at the low of the period on Thursday(01-04-2024) at 4688.68. it then rose to the high of the period on Friday(01-12-2024) at 4783.83. 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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