This Thanksgiving signal has led to a higher S&P500 one month later 19 out of the last 20 occurrences.
Our version of Standard & Poors Oscillator closed under -4 Tuesday (see chart below), a good indication of short-term oversold conditions under certain circumstances.
Last Friday I reported
The following adjustment will be made at today’s close…
A close below SPX 2057 will mark a 2% down week for the S&P500 after
On Monday and Tuesday, the Nasdaq underperformed the S&P.