I’m not in a position with or against the S&P 500 currently.
The 1-day and 1-wk ranged forecasts are both negative, but barely over my thresholds for typically taking a position. With Nvidia releasing earnings this evening, I’d prefer to have a clearer signal. The 1-month and 1-yr ranged forecasts are both negative, and I’m more confident in those signals, but I use those longer range forecasts just to decide how strongly to move with or against the index, not if I move with or against the index.