S&P500: 2019 – 2020 Review

In addition to the trade data review of 2021 and 2023, as discussed on September 8, 2023, a review of daily Engrbytrade™ S&P500 trading data was done between November 2019 and February 2020 to identify strategic trade positioning dates. Calculations between November 4, 2019 and February 12, 2020 indicated strategic trade positioning did occur during this time frame in preparation for a decline in 2020. Extreme Engrbytrade™ readings from very subtle movements in price were noted during the trading days of November 4, 2019, November 26, 2019, December 17, 2019, December 18, 2019, December 23, 2019, January 17, 2020, January 21, 2020 and February 12, 2020.

Based on strategic trade positioning data reviewed in 2019, 2020, 2021, and 2023, a there is a high probability of a 25% to 30% decline occurring in 2024.

Stock chart courtesy of StockCharts.com.

Disclaimer