Keystone's UPS Weekly Chart 20 and 50 MA Cross Failure Secular Bear Market Ahead

Remember last week the first shot across the bow occurred with the 20 MA crossing down thru the 50 MA to indicate that a secular bear market has returned? Then the next day it recovered. Well, now the story is written. The 20 MA is convincingly down thru the 50 MA, 70.15 versus 70.37, respectively.

This is now the fourth of four secular signals that Keystone uses to gauge the markets longer term, and now all four signals agree; the broad markets have returned into a secular bear market. This means equity weakness for weeks and months to come. This chart is a big deal since it represents a change in posture from over two years ago when the secular bull started running in the summer of 2009. Alas, two years later, the bear begins to growl strongly. This information is for educational and entertainment purposes only. Do not invest based on anything you read or view here or any links connected to this information. Consult your financial advisor before making any investment decision.