For S&P, Trend still up

The latest update on the S&P trend model argues that the upward trajectory for stocks remains. Continued movement higher in stocks will create a higher high and lower high on the model below arguing that stocks should break past the 1130 previous highs in short order as well. In terms of timing, it would be good for the bulls if the market did this sooner than later because one element of the trend model is leveling off.

via StockCharts.com
"

Related articles by Zemanta

• The Dark Side Of Deficits (businessinsider.com)
• S&P 500: On a knife's edge (investmentpostcards.com)