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home / news releases / EEH - Weekly S&P 500 ChartStorm - Tactics And Themes

EEH - Weekly S&P 500 ChartStorm - Tactics And Themes

Aktiebolaget Svensk Exportkredit Elements Linked to the SPECTRUM Large Cap U.S. Sector Momentum Index developed by BNP Paribas due Augu
  • The S&P 500 is on notice as the 50-day moving average has been breached and sentiment rolls over from bullish extremes.
  • Given where some of the tactical indicators usually end up (down) during a correction, it looks like we could have further to go on this one.
  • Meanwhile, there is a clear air of froth with a hot IPO market.
  • Yet, promisingly, forward earnings have been turning up on both a near-term and longer-term basis.
  • Cautious short term, optimistic medium/longer term.

For further details see:

Weekly S&P 500 ChartStorm - Tactics And Themes
Stock Information
Company Name: Aktiebolaget Svensk Exportkredit Elements Linked to the SPECTRUM Large Cap U.S. Sector Momentum Index developed by BNP Paribas due Augu
Stock Symbol: EEH
Market: NYSE
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