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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.

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