S&P 500 Forecast 2024-08-15

I continue to hold a long position in the S&P 500 with a leverage factor of 2. However, I may reposition that to a leverage factor of 1 tomorrow due to a weakening 1-mo forecast.

The 1-day forecast is positive.

The 1-week forecast is positive.

The 1-month forecast is marginally positive.

The 1-yr forecast is negative.

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