Moving Averages of the Ivy Portfolio and S&P 500: August 2026

The monthly moving average analysis for August shows strong technical positioning for major U.S. equities, with the S&P 500 delivering a 2.6% monthly gain to reverse a two-month losing streak. The benchmark index closed firmly above all primary trend indicators, finishing 7.5% above its 10-month simple moving average (SMA), 8.5% above its 12-month SMA, and 7.0% above its 10-month exponential moving average (EMA). These technical milestones trigger consecutive monthly "invest" signals across all three tracking frameworks, reflecting sustained upward momentum across broader equity markets. Concurrently, the diversified 5-asset Ivy Portfolio strategy closed the month with four of its five component exchange-traded funds above their key trendlines. The portfolio maintained long allocations across domestic equities, international equities, real estate, and commodities, with only the intermediate-term Treasury bond ETF triggering a cash allocation after finishing below its 10-month simple moving average. The overall framework highlights how systematic moving average strategies continue to capture upside momentum while systematically managing downside tail risks across core market cycles.