Here are the key levels in our models for the S&P500 (see chart), given an SPX level of 1014, at the time of this post:
1. Buy Stocks for the “Trade” line = 967.97
2. Sell the “Trade” line = 1102.89
You can drive a truck through these lines. It’s math – it’s called US government sponsored socialism/volatility. This markets is to be rented, not owned.
Enjoy the close,