One of the key stock market indicators for a cyclical bull market versus a cyclical bear market is the NYA 40-week MA cross. Last week, the NYA collapses through the 40-week MA at 19259 to a low at 18818 and price ended the week at 19231, below the 40-wk MA, ushering-in a cyclical bear market.
If you are a bull long the stock market, you need to get on your knees and pray for NYA 19259 and higher to give you salvation and save your sorry arse. If you are long, and the NYA remains below 19259 trending lower, you are going to lose a lot of money.
After all these many months since the October 2023 bottom, it is time for Deliverance. 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 Saturday, 3/22/25: The NYA remains above the critical 40-wk MA at 19300 that separates a cyclical bull market from a cyclical bear market. The bulls are Stayin' Alive. Great walking music for the NYC streets as you ponder the fate of the markets.
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