The last time this S&P500 LT montly chart displayed a similar move and position in momentum was during mid-1995 when the MACD up-crossed within the +ve region along with the Stochastics up-cross within the bullish continuation region with conviction.
At that time the S&P500 increased from 550 in mid-1995 to 1550 by early-2000 for an increase of 180% in less than 5 years. A similar move today could have the index at over 6000 by mid-2021. Fear the crash after that. DYOR.
S&P 500 Price Action (SPX), page-18
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Last
2,958.8 |
Change
17.070(0.58%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 2,958.8 | 0.00 | 0.00 |
| SP500 (INDEXSP) Chart |
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