SPX Monthly Chart with 12 MA Cross Secular Bear Market

Here is a long term look at Keystone's SPX monthly 12 MA cross.  If price is above the 12 MA, the broad markets are in a secular bull trend, if below, a secular bear trend.  The markets dropped into a secular bear in August, and as of yesterday's print, is now there for three months in a row; August-September-October. This ended the secular bull market that started September 2010 when Chairman Bernanke announced QE3. The secular bears remain in control of the broad markets, thus, lower indexes are projected for the weeks and months ahead. This information is for educational and entertainment purposes only. Do not invest based on anything you read or view on this site or on any links associated with this site. Consult your financial advisor before making any investment decision.