Signal Update – 02-01-2024

The latest signal for S&P 500 is HOLD.

In the past 9 trading sessions, S&P 500 index has risen from 4839.81 to 4906.19, a change of 1.4 percent. The index closed at the low of the period on Friday(01-19-2024) at 4839.81. it then rose to the high of the period on Monday(01-29-2024) at 4927.93. We started the period with the full-equity position. No sell signal was triggered throughout the period, so we hold on to our equity position.

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