What 25 indicators say about the week ahead for S&P500 (13Jan2025)

KYHBKO
01-13

Market Outlook of S&P500 - 13Jan2025 > what 25 indicators say

Observations:

  • The MACD indicator is showing a downtrend.

  • Moving Averages (MA). Both the MA50 line and the MA200 line are on an uptrend. The last candle is below the MA50 line and above the MA200 line. This implies a bearish mid-term and bullish long-term.

  • The 3 Exponential Moving Averages (EMA) lines are on a downtrend.

  • Chaikin’s Monetary flow (CMF) shows a downtrend.

From technical analysis (daily interval), the 21 indicators (technical & moving averages) point to a “Strong Sell” rating. The breakdown reveals 4 indicators with a “Buy” rating and 17 with a “Sell” rating.

Now, let us look at candlestick patterns.

There was an “Evening Star” candlestick pattern (1D interval) that took place on 7 Jan 2025 (2 candlesticks ago).

Based on the above technical analysis (1D chart), the S&P500 should be down in the coming week.

@TigerStars

$.SPX(.SPX)$

$SPDR S&P 500 ETF Trust(SPY)$

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

  • Success88
    01-13
    Success88
    Great I can buy 😂
    • KYHBKO
      all the best! have a great year
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