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Tuesday, 28 Aug 2018
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How To Catch The Top

The US S&P 500 index has just recorded what is being described as the longest bull market in modern history and the index is now higher than the record high in February from which we saw an 11.8% sell-off in 10 days. This is a daily chart of the S&P 500 index which shows that it is very close to being technically ‘overbought’ once again, a rare occurrence for such a large index and it is now also trading at the top of it’s six-month trading range if not busting out to the upside.

The US S&P 500 index has just recorded what is being described as the longest bull market in modern history and the index is now higher than the record high in February from which we saw an 11.8% sell-off in 10 days. The US market is very close to being technically

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