The Person's Proprietary Signal (pps) bull phase that showed this morning on the VIX -- the so-called "fear index" -- has melted away, something the pps has a tendency to do in a wishy-washy market.
So the indicator remains in bear phase, which suggests a tendency for the S&P 500 to rise near-term.
The signals are quite mixed -- bearish on the pps and parabolic sar, bullish on the fast stochastic and macd. The price is above the 20-day moving average.
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