S&P 500 Index Warning Update

By | August 1, 2014

Over the weekend I mentioned that the consolidation warnings for the S&P 500 Index (SPX) from Twitter and StockTwits had diverged. It appears that the optimism from the StockTwits community was a bit premature. Over the last few days Twitter Momentum for SPX has rolled over right at its down trend line. It will take a few days of positive momentum on the daily indicator to clear the warning. I’ll be sure to update the site with anything significant for SPX whether it’s up or down.

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