One of Keystone's key very short-term (VST) and short-term (ST) market signals is the 200 EMA on the 60-minute SPX chart at 2584. The positive cross occurs last week so the path forward is blue skies and sunshine for market bulls. Note the back tests that occur but the daily news bites on China happy trade talk and central banker largess create continual buoyancy in price and the SPX floats higher into the apex of the ominous rising wedge. The failures from rising wedges can be quite dramatic. Bulls win above 2584. Bears win below 2584. 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.
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