SP500 Index: Still not clear of the SELL signal

The SP500 index has still not voided the market timing signal given off when the last upward wedge was broken. (The chart is in the SP500Tracker™ newsletter that can be obtained free using the link below.) The only way the market can reverse the sell signal is to close above 1296.06. If it can, the Bulls will be back in the game. This seems unlikely with the recent highs in sentiment.

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Standard Disclaimer: Remember, it’s your money and your decision as to how to invest it.

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