Wednesday, March 13, 2013

SPX 30-Minute Chart 8 and 34 MA Cross

The 8 remains under the 34 signaling bearish markets for the hours and days ahead, however, the markets are at an inflection. The broad indexes are about to turn very bullish, or very bearish. The 8 and 34 MA cross will tell you who wins today. 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.

Note Added 3/13/13 at 1:17 PM:  The 8 moves above the 34 MA signaling bullish markets for the hours and days ahead, however, things are shaky, and the whole session will need to play out today. The bulls are playing spoiler again like early March.

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