Tuesday, August 31, 2021

S&P Levels

 Another all time high on 8/30: 4,537.36

50 day moving average ~4,385 (-3.1%)

-5% would be ~4300, last seen July 20, just 6 weeks ago.

-10% would be ~4075, last seen May 19

-15% would be 3,850, last seen March 25

-20% would be 3,622, last seen 11/30/20

Pullback of 10.5% began last year on 9/2/2020, it was a 2 month double dip that concluded 10/30/20

~3,400 was pre-Covid high, February of last year.

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