S&P 500 Prediction Up Then Down

My S&P 500 stock market prediction is that we get a slight move up and then a bigger move down. The week of September 11 – 15th we get a flat to slightly higher move up, but then the market takes a stronger move down the week of September 18 – 22.

SP 500 stock market prediction.

The reason I think we get a slight move up but then a larger move down is because of the weak CMF and TSI.

We also have the Put/Call Equity Ratio on the S&P 100 index bottoming as it prepares for the next swing upward:

Put to Call Equity Ratio chart.

SOXX confirms that the S&P 500 will have a tough time going higher over the next couple of weeks. SOXX is very close to triggering a Parabolic SAR sell signal and our swing trading indicator the PPO has falling histogram bars:

Going deeper and studying the S&P 500 volume advance decline percent chart, we have a hard break lower as the PPO rounds out and begins heading down which shows sell volume has begun to outpace buy side volume:

Do you have any thoughts or questions about the S&P 500? Leave your comments below.

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Lance Jepsen

For ethical purposes, I try not to hold any position in any stock I profile on GuerillaStockTrading.com unless specifically stated in the article. Owner of GuerillaStockTrading.com. Seasoned entrepreneur, investor, and writer. I love God, family, country, stock trading, economics, and helping people learn how to trade.
Follow me

Author: Lance Jepsen

For ethical purposes, I try not to hold any position in any stock I profile on GuerillaStockTrading.com unless specifically stated in the article. Owner of GuerillaStockTrading.com. Seasoned entrepreneur, investor, and writer. I love God, family, country, stock trading, economics, and helping people learn how to trade.