Sustainable Market Report Major Index Trend Reports
Major Index trend data from The S&P 500, NASDAQ, Russel 2000 and Real Estate Index is available in the following formats:
For subscribers that would like a one time monthly market data update, SMR Single Issue offers a single month of coverage.
For subscribers that would like weekly market data updates, SMR Market Crash Alerter offers weekly coverage throughout the year.
Uptrend and Downtrend
In each report, the terms Bullish and Bearish are listed throughout as directional terms to represent a trend moving up or down. A Bullish indication represents an uptrend and a Bearish indication represents a downtrend.
These directional indicators help you understand which way the market is moving both on a short term time frame and a long term time frame.
When an Index has a short term trend of Bullish, it signifies that price has risen above the 20 Day Simple Moving Average on the daily chart and is trending in the upwards direction. An example is provided below. Notice in the uptrend that the price stays above the blue line as the price continues to rise from April to August of 2020. These trends generally trend in one direction for 1-3 Months at a time.
The second example is a screen capture of the same Index but zoomed out to display a three year time frame. This was the three year period when the tech bubble burst from October 1999 to March 2003. Notice below that the long term trend (Bold Red Line) is trending in the downwards direction. Though hard to see in the picture below, the short term trend swaps directions multiple times throughout the three year decline.
*The Blue Line represents the short term trend (20 Day Simple Moving Average).
*The Red Line represents the long term trend (200 Day Simple Moving Average).