The S&P 500 Sentiment Chart (chart 1 below) is indicating that intermediate sentiment (blue signal line) is trending lower. This suggests that the market will lose some of its momentum and may turn lower. During this period, long term sentiment is indicating that one should hold. If the market drops below the expected trading range of 1,318 it could be an opportune time to increase ones market position. If the market moves above 1,420 it could be an opportune time to take some profit off the table (chart 2 below). The slope of the intermediate line is currently indicating a market decline between now and mid March.
Providing forecast tools that offer meaningful signals and suitable investment strategies for long term 401K and mutual fund investors with three main goals always in mind: 1. Preservation of Wealth, 2. Maximized Returns, 3. Minimized Trade Frequency.
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