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Schaeffers Investment Research

Schaeffers Investment Research

Business

Business & Economics

S&P 500 Flashing Short-Term V-Bottom Signal

Schaeffers Investment Research
Summary
Nutrition label

76% Informative

The S&P 500 Index (SPX) hit an all-time high, dropped more than 15% , and has now rebounded to within striking distance of that high.

This quick decline and recovery have formed what’s known as a V-bottom.

Going back to 1950 , I found times when the SPX pulled back at least 10% , then moved to within 2.5% of the all time high.

Out of all the pullbacks of 10% or more, the recent one was the fastest.

VR Score

87

Informative language

91

Neutral language

82

Article tone

informal

Language

English

Language complexity

27

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

medium-lived

External references

no external sources

Source diversity

no sources

Affiliate links

no affiliate links