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Global Financial Engineering Trade Analysis for S&P 500

The Standard and Poor’s 500 ( S&P 500), is a stock market index comprised of 500 large companies listed on stock exchanges in the United States.
It is one of the most commonly followed equity indices. As of December 31st, 2020, more than $4.6 trillion was invested in assets tied to the performance of the index.

(Source: From Wikipedia, the free encyclopedia)

Our Global Algorithmic Trading Software (GATS) #5 indicates the following for Standard and Poor’s 500 (S&P 500)

The Long Term Trend (LTT) is currently Bullish
The Medium Term Trend (MTT) is currently Bullish
The Short Term Trend (STT) is currently Bearish
The Micro Trend (MT) is currently Bearish

We are bullish on Standard and Poor’s 500 (S&P 500) in the long term.

However we will attempt a bearish trade based on the current short-term bearish signal with potential trade entry signal as follows:

Global Entry Signal : Sell @ 4312
Global Catastrophe Hard Stop Loss GAP:74.36
Global Catastrophe Trailing Stop: 4,386.36
Global Target Profit: 4,089.68

RISK WARNING!

There is a substantial risk of loss in futures and Forex trading. Online trading of stocks and options is extremely risky. Assume you will lose money. Don’t trade with money you cannot afford to lose.

The analysis in this material is provided for information only and is not and should not be construed as an offer to sell or the solicitation of an offer to buy any security.
To the extent that this material discusses general market activity, industry or sector trends or other broad-based economic or political conditions, it should not be construed as research or investment advice.
To the extent that it includes references to specific securities, commodities , currencies, or other instruments, those references do not constitute a recommendation by Global Accountancy Institute,Inc. or Global Financial Engineering,Inc. to buy, sell or hold such investments.
This material does not and is not intended to take into account the particular financial conditions, investment objectives or requirements of individual customers.
Before acting on this material, you should consider whether it is suitable for your particular circumstances and, as necessary, seek professional advice.