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S&P 500 Forecast for August 19, 2025
S&P 500On the daily chart of
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S&P 500On the daily chart of the S&P 500 index, a reversal "nine" has formed for the fifth time in a row according to the Sequential indicator (T. DeMark). The last time we saw four consecutive "nines" was in early September 2021, which later led to a 6.0% decline in the index.Five "nines" could result in an even deeper decline. For example, a drop of 8.5% would bring the price to the June support level of 5915. A drop of
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Laurie Bailey,
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