The moneyinvestexpert trading-signals for the S&P-500 (SPX) is close to a sell. The S&P500 is already since 10/09/2018 in danger territory when closing at 2880 points. A close below 2564 is very negative.
EXIT below 2564 points
The trading-signal system is long in the S&P-500 since 6/2/2016 with is already 876 days, but shorter than the previous long-trade with 1456 days. The average holding period is 988 days.
The current exit-point is a close below 2564 points. The S&P-500 index is now down about 10.5% from its September 21 year-to-date intraday high of 2,940.91 and today trading at 2660-levels.
The moneyinvestexpert trading-signals system has been back-tested since 1960 and has a hit-rate of 85%.
European indexes
The long positions is the European indexes, such as the German DAX, Swiss SMI and smaller AEX-index are already closed.
The DAX-index long position did hit the “exit” in 3/23/2018 and the AEX more recently on 10/11/2018.
