On November 16, 2024 it was noted that a declining angle for the S&P500 was 63.07 degrees. This is similar to what occurred during September 2024. Based on the September 2024 decline, a change in direction above the current channel trend line could come as early as Friday, November 22, 2024.
Note that this information is for educational purposes only and not a recommendation.
Dow charts courtesy of StockCharts.com.
