S&P500. High expected returns and low risk make "Buy and Hold" a favorable strategy.

Summary of S&P 500 Analysis (Aug 23, 2024)

Current Market Situation:

  • S&P 500 Closing Price: 5,634.6 (+1.15%)
  • Trend Zone: Bullish
  • Investment Position: Buy and Hold
  • Cumulative Return: 3.7% over 8 days

Long-term Strategy:

  • The market is in a Bullish zone, characterized by an Uptrend with strong upward movements and a Correction Trend with temporary downward fluctuations.
  • High expected returns and low risk make "Buy and Hold" a favorable strategy.
  • No anticipated changes suggest maintaining the current investment position.

Short-term Strategy:

  • Market is currently in a correction trend within a Bullish zone, with potential strong upward movements.
  • Aggressive buying at appropriate points is recommended, with gradual selling.
  • Expect a balanced trend over the next 10 days, but with higher upward intensity.
  • Recommended Buy Date: Aug 26 at 5,594.7.

Predictions:

  • Next 10 Days: Price range expected between 5,609.1 and 5,854.0 (+1.7% median).
  • Trend Intensity: Upward movements are likely to have higher intensity (up to 81%), while downward movements are moderate (-33%).

Volatility & Turning Points:

  • Predictions may be volatile due to sudden buy-sell intensity changes.
  • Potential trend reversal in 3, 7, or 9 days.

Aug 23, 2024

 

 

 

S&P 500 closing price

5,634.6

1.15%

 

 

 

 

 

 

[Long-term strategy]

The current trend zone is Bullish, and Investment position suitable for the trend zone is Buy and Hold.

 

 

 

 

The trend within a Bullish zone is divided into an 'Uptrend' in the upward direction and a 'Correction Trend' in the downward direction. In the Uptrend, there is a strong upward flow with occasional downward movements, while in the Correction Trend, there is a fluctuating flow involving limited or temporary downward movements and upward fluctuations. Investing in this zone is associated with high expected returns and a low risk of decline.

 

 

 

 

In a Bullish zone, the potential for strong buying pressure is maintained, leading to a robust upward trend and a relatively mild correction trend. When viewed through a medium to long-term investment approach, if the trend continues to move in the Bullish zone, one can anticipate an upward flow of the bullish trend, seeking the potential for high returns.

 

 

 

 

This is a method of investing in the long term, enjoying investment returns by holding assets for an extended period rather than engaging in repetitive buying and selling based on price fluctuations. And when the trend enters a Bearish zone, it becomes the Selling point.

 

 

 

 

As there are no anticipated changes in the trend zone that warrant considering a shift in investment strategy at this point, it is advisable to maintain the current investment position.

 

 

 

 

The 'Buy and Hold' position has been maintained for 8 days since the entry into the Bullish zone. During this period, the cumulative rate of

return in the Bullish has been

3.7%

as of the current date.

 

 

 

 

Buying price

Current price

Difference

5,434.4

5,634.6

200.2

Aug 13, 2024

Aug 23, 2024

8 days

 

 

 

 

[Short-term strategy]

Indicating that We are currently in a bullish zone. Therefore, it is recommended to implement a strategy to increase profits and take a suitable investing position.

 

 

 

 

In a bullish zone, where buying intensity is potentially strong, anticipating significant upward movements is reasonable. Therefore, actively responding with aggressive buying at appropriate entry points in the short term is effective. During selling moments, a gradual and partial selling approach is recommended. This strategy allows for the exploration of opportunities to buy back at lower prices.

 

 

 

 

Currently, it's in the midst of a correction trend in a downward-trending market with a box pattern of price fluctuations, marked by small increases and downward fluctuations. but When the stock market opened, the buy-sell intensity shifted to a stronger buying flow..

 

 

 

 

A correction trend can be seen as a moment of pausing with either price or time adjustments within a strong upward momentum. The previously strong buying intensity temporarily transitions into a subdued state, and there is a temporary emergence of strong selling pressure in the flow.

 

 

 

 

It is expected that the overall trend movement over the next 10 days will follow a strong upward direction, with a ratio of 5 : 5 for the downward to upward direction, with the proportion of the upward and downward trend being equal. And, in terms of the expected intensity of the upward and downward movements, the upward intensity is higher, while the downward intensity is moderate.

 

 

 

 

A suitable investing position is 'Buy(Bullish) and Hold' for now. The appropriate buying timing is predicted to be either today or tomorrow.

 

 

 

 

The buying date is

Aug 26

 

 

A good price to buy a stock:

5,594.7

 

 

 

 

The appropriate selling timing is uncertain for now.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

- Volatility of Prediction

Due to sudden changes in Buy-Sell intensity that can cause instability in trend linkage, pretiming predictions can be highly volatile.

 

 

 

 

- Predicting the Turning Point of the Trend

The probability of a trend reversal occurring approximately 3 days from now, 7 days from now, 9 days from now

 

 

 

 

 

- Prediction of Upper~Lower price range over the next 10 days

Price:

5,609.1

~

5,854.0

% Change:

-0.5%

~

3.9%

Median price between the upper and lower

5,731.5

1.7%

 

 

 

 

- Analysis of the trend zone & level% and average intensity of trends

For the last 30 days, the average trend zone & level%

Bearish

-26%

The Current trend zone & level%

Bullish

94%

The expected average trend zone & level% for the next 10 days

Bullish

64%

If the trend moves upward from the current trend level%, it's expected to have an average upward intensity of

81%

(Max 100%)

And if it moves downward, it is expected to have a downward intensity of

-33%

(Min -100%)

 

 

 

 

- Average closing price in case of rising:

 

0.6%

=> HIGH ~ LOW range:

0.7%

~

-0.1%

- Average closing price in case of falling:

 

-0.3%

=> HIGH ~ LOW range:

0.4%

~

-0.6%

 

 

 

 

The 10-day prediction and technical analysis of the S&P 500 index are conducted based on the analysis of buy-sell intensity by the pretiming analysis. This analysis provides detailed information on various aspects, including the best stocks to buy, stock price targets, and investment strategies. It also includes bearish and bullish stock trend analysis as well as stock technical analysis.

 

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