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Monday, September 17, 2012

Keystone's SPXA150R Indicator

Check price after the close today. If SPXA150R falls under 80, the bears take control of the markets moving forward, and remain in control as long as price stays under 80.  A move thru 80-85 results in sideways equitiy markets with upward bias.  If 85 is crossed, the bulls are indeed in full control. At that time, the 85-90 range would be the focus. In a nutshell, if bearish the markets, you want this to drop back under 80. If bullish, you want it to move up over 85. Negative divergence is in place for the histogram, stochastics and ROC but the RSI and MACD line want to see price make another high after a pull back occurs.  At that price high, the indicators may be lined up with negative divergence pointing to a roll over. 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.

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