SP500 Trading Strategy Update – April 23, 2026 – Market Direction: Upward – Currently Not Invested.

Today’s price:O: 61.49 H: 61.97 L: 60.23 C: 61.31

Price is -0.8% down from previous close.

The SP&500 has been in an uptrend for 8 days. However, the system has not entered a position yet.

The system does not hold a position at this time.

SPW S&P500 Trading Strategy comparison vs. Buy and Hold

Below, we compare the performance of SPW versus a Buy & Hold approach. Our SP500 Trading Strategy will trade SSO, while the Buy and Hold would trade any S&P500-based ETF such as SPY. The comparison starts on 03, Jul 2025

Closed Ops: 4 – Won: 3 Lost: 1
Profit Ratio: 29%
System Quality Number: -0.7

Performance Summary: SPW Strategy vs. Buy & Hold

SPW, our S&P500 Trading System continues to provide a high return rate of -42.2%, with less drawdown than a Buy & Hold approach: 50.0 SPW vs. 9.1 Buy & Hold. It currently maintains a win rate of 75.0, with 3 wins and only 1 losses.

Volatility Analysis

Currently in Quadrant 3:

Volatility wave is currently in phase 3 — Upthrust Phase.

As of April 23, 2026, SPX fell -0.41%. The market is on the bottom stage of the cycle, where traders look for new balance, and volatility is easing.

© SPW · spwoodpecker.com