S&P 500 Analysis
Drawing a linear regression channel from the March 2009 lows with +/- 1 & 2 standard deviation channels, it looks like the S&P may be peaking out on this record bull run. As you can see, moves of 4-5 standard deviations are typical over long periods of time, this last up move being one of the largest.
I believe a shorter term correction is pending, if not immenent.
Drawing a linear regression channel from the March 2009 lows with +/- 1 & 2 standard deviation channels, it looks like the S&P may be peaking out on this record bull run. As you can see, moves of 4-5 standard deviations are typical over long periods of time, this last up move being one of the largest.
I believe a shorter term correction is pending, if not immenent.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.