Keystone's SPX 60-Minute Chart with 200 EMA Cross Indicator

The SPX crossed down thru the 200 EMA on the 60-minute chart signaling bearish markets for the hours and days ahead.  This is a key indicator and is very bear favorable moving forward. The market bears are driving the bus as long as the SPX stays under 1442. The RSI and MACD line want to see lower lows in price, lower than the intraday low today at 1429.85. At that time, the existence, or not, of positive divergence can be determined.  The SPX closed at the strong 1433 support level, a hair under the 50-day MA.  As long as the SPX is under 1442 (200 EMA), the bears rule the markets. This information is for educational and entertainment purposes only.  Do not invest based on anything you read or view here.  Consult your financial advisor before making any investment decision.