Saturday, March 19, 2016
UPS United Parcel Service 20/50-Week MA Cross Cyclical Bear Market
The NYA 40-week MA cross signal and SPX 12-month MA cross signal flip into a cyclical bull pattern but in these ongoing goofy markets the 20/50-week MA cross for UPS flips into a cyclical bear market for stocks. Bulls need to move the 20 MA back above the 50 MA pronto, otherwise, the negative 20/50 cross will drag the stock market lower. Note the indecision remaining in the broad markets with the UPS signal forecasting a cyclical bear stock market from May 2015 until November then flipping into a cyclical bull market last November to now with the flip back to a cyclical bear. 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.