NYA NYSE Composite Weekly Chart; 40-Week MA Battle Continues for Cyclical Stock Market Control

The NYA 40-week MA cross dictates whether the stock market is in a cyclical bull market or cyclical bear market. Watch it closely. NYA is currently printing 12488 and popped to 12529 so far today. US trading has just gotten underway to begin the week.The key 40-week MA is at 12545 so the bulls got to within 16 points of victory but now stumble lower.

Bears win for the weeks, months and perhaps year or two ahead as long as the NYA remains below 12545. Bulls regain control of the stock market and begin sending equities to new record highs again if they overtake NYA 12545. Easy-peasy. 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 8:00 PM EST: The NYA 40-week MA is at 12545. The NYSE Composite finishes the Monday session at 12520. HOD 12529. Despite the big up day in the stock market, the NYA gains +0.8%, it was not enough to reverse the growling cyclical bear market. The battle will continue on Tuesday. The importance of NYA 12545 cannot be overstated. 

Note Added Tuesday Evening, 8/27/19, at 8:14 PM EST: The NYA 40-week MA is at 12545. The NYA is at 12474 remaining in a cyclical bear. The bulls managed to push the NYA above 12545 after the opening bell but it was a gap and crap and stocks fell on their sword collapsing back below the 40-week MA. The choppy sideways bull-bear battle, reminiscent of a Batman television show fight scene (POW, BOOF, THWACK, BONK, etc...), continues. Each day the NYA is below 12545, the stock market cancer metastasizes.

Note Added Wednesday Evening, 8/28/19, at 8:32 PM EST: The NYA 40-week MA is at 12546. The NYA is at 12559 so the bulls battle back into cyclical bull market territory. The knock-down drag-out bull-bear battle continues. NYA 12546 tells you everything you need to know going forward.

Note Added Friday Morning, 8/30/19, at 5:26 AM EST: The NYA jumps to 12704 so the bulls are singing, "Happy Days Are Here Again."