S&P500 Break Analysis…Close to Overdone

In the following I use an R package BFAST designed to detect structural breaks in time series.The script iteratively detects breaks in the seasonal and trend component of time series. The first chart shows the various break and fitted regressions. The second chart shows the deviations from the regression lines and 95% interval of confidence. This can be used as an overbought/oversold indicator. Feel free to contact me at:Pierre@argonautae.com

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