Ultra Short Term is slightly below neutral.
Short term is neutral and has performed weakly since mid-2019 given the S&P's performance.
Medium term is neutral, but again has remarkably weak performance lately....
Here are the latest readings from my stock market indicators. Nothing too telling right here.
Ultra short term is neutral.
Short term remains slightly overbought.
Medium term is slightly oversold.
Long term is...
Ultra short term is neutral
Short term is overbought
Medium term is neutral and lagging recent peaks.
Long term is neutral.
It's definitely not a high odds buy point, but people will chase performance...