S&P Global — week 17, decline finding a floor
S&P Global at week 17: the decline holds but is losing momentum
S&P Global — week 17, decline finding a floor
In Summary
S&P Global is at week 17 of a sell signal. The week closed nearly flat, with buy volume at 73%. On the daily chart, a double bottom has formed in the 402 area, with a 5% intermediate rebound. The directional decline holds — price still below the Ichimoku cloud — but the last 4 weeks show a progressive fading of the bearish momentum.
Ongoing decline
·17th week from start
·US stocks
·T2
IQS Phase
59
ordinary
Signal Strength
2
indecisive week
Sizing
MINIMUM
Ranking
#71 / 96
US stocks
Trade P&L %
+3.38%
from signal to today
restricted Platinum content