10/31/19 S&P 500 breaks out of the recent trading range!

2-month (approx.) focus chart.

Current Market Predictions:

$SPX (S&P 500), non-linear model indicates that the trading trend is now up for this index. Today (10/18/19) is the signal day. The closing price on Monday (10/21).  TTP (Theoretical Transaction Day) = 3006.72.

Current price for CTM research (signals), $15,000 per quarter for the S&P 500 “fast” nonlinear model. The faster model is more optimized for options trading.

Model notes: The model is in-synch with the market. The most recent close is higher than the close on the recent signal date and the TTP.  Chaotic trend / nonlinear trend analysis is giving us the edge in time-series prediction.

What? The death of the ISIS bigwig (Ibrahim Awad Ibrahim al-Badri) was a positive for stock trading. ISIS strength is hardly a positive for prosperity in the US.

Note: The following comments are based on using technical analysis to ‘flesh out’ our nonlinear trading signals. TTP (Theoretical Transaction Day) is defined as the closing price on the day following the signal day.

Nonlinear Trading Themes:

  • S&P 500 forecast (SPX): The trading trend made significant technical progress this week with Friday’s breakout close. Nonlinear indicators are still bullish.

GH Garrett – Chief Market Analyst for ConquertheMummy.com  © 2015-2019, “Nonlinear trading signals that matter in stock index and S&P 500 trading.”