Stock chart patterns and technical analysis (TA) explained simply. Disclaimer: This blog and all its contents are for educational and entertainment purposes only. Do not trade or invest based on any information seen on this blog. Please read Terms of Service. The K E Stone blog sites (Keybot the Quant) are blacklisted by Google, so enjoy the ad-free experience, and only use the Donate button when supporting the sites.
Sunday, December 4, 2011
SPX Monthly Chart with MACD Cross Secular Bear Market
The SPX monthly chart shows the crosses for the MACD lines that is used as one of Keystone's Secular signals. March 2003 was the start of the Iraq War Rally. The market top was October 2007. The chart confirmed the QE1 Rally in July 2009 that was already off and running. And most recently, during the August crash, the MACD lines crossed into bear territory forecasting a Secular Bear Market currently and moving forward. The turn is in its infancy so keep an eye on it. The next month-end print is 12/30/11. 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 finanical advisor before making any investment decision.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.