Trendline Wednesday – 3/11/2020
Here are some of the most noteworthy trendline developments across the markets for Wednesday, March 11, 2020.
S&P 500 $SPX Testing Post-2009 Up Trendline (log scale)
S&P 500 Volatility Index $VIX Testing Post-1987 Down Trendline (log scale)
Financial SPDR $XLF Testing Post-2009 Up Trendline
Pharmaceutical Index $DRG Testing Post-2016 Up Trendline
Boeing $BA Testing Post-2009 Up Trendline
Nike $NKE Testing Post-2009 Up Trendline
Australian Stocks Testing Post-2009 Up Trendline
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Disclaimer: JLFMI’s actual investment decisions are based on our proprietary models. The conclusions based on the study in this letter may or may not be consistent with JLFMI’s actual investment posture at any given time. Additionally, the commentary provided here is for informational purposes only and should not be taken as a recommendation to invest in any specific securities or according to any specific methodologies. Proper due diligence should be performed before investing in any investment vehicle. There is a risk of loss involved in all investments.
