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S&P 500 (> 1.870 - level), 33-month average

 S&P 500 (no need to panic, IF monthly close > 1.870)

doNOTpanic_oct2015.jpgAs long as the S&P 500 stays above the monthly average (33 months) one should not panic and keep calm until Q4-2015 is over! Most important to mention, that a monthly close ABOVE the 33month-trendline is relevant in order to keep the "NO-PANIC-MODE" going.

The monthly average should serve as a psychological help to the investor to survive the nervous swings in the markets during these unsecure times (some topics: China-Growth issue, pending interest rate hike USA, Volkswagen "issue").