Keystone's SPXA150R Indicator

The SPXA150R is now back in play, sitting on the sidelines since May.  Reference the Turn Signal page on this site.  Price moved above 80 yesterday which moves it from Neutral territory into Bearish territory. Keystone uses three ranges to monitor moving forward; 80-85 which represents a bearish signal for markets, 85-90 which is a strongly bearish signal, and over 90 which is uber bearish where market sentiment is off the charts bullish.

But, for now, only focus on the 80-85 range for the days ahead. If SPXA150R falls under 80 (check tonight's print after the close), that is bearish for markets in the days ahead. If price continues moving up thru the 80-85 range that continues the bullishness and over 85 will show the rally extending much higher, but, at the same time, the market signal will be strongly bearish at that juncture. Thus, a new tool is available to help steer the ship for the days ahead. The markets are now at lofty levels as measured by the SPXA150R. 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.