Keystone's NYA 40-Week MA Cross Indicator Signals Cyclical Bear Market Ahead

Four of Keystone's cyclical signals (reference the Cyclical Turn Signal page on this site) have now indicated a Cyclical Bear Market is ahead for the weeks and months to come for the broad indexes. The NYA fell thru the 40-week MA which is another nail in the bull coffin. This is serious technical damage occurring now, not short term stuff, these cyclical signals are forecasting weeks and months, not hours and days.  The cross in summer of 2010 (green circle) was the QE2 money pump that saved the markets from collapsing.  Then the waterfall crash in August 2011 was verified by the NYA dropping under the 40-week MA (red circle).  Then the Fed's Operation Twist and the ECB's LTRO 1 and 2 quantitative easing programs saved the markets from collapse last Fall.  The NYA received a negative divergence smack down as the red lines show and the indicators are weak and bleak wanting to see lower lows in the future even after a bounce would occur.

Today was a major cyclical market change favoring the bears moving forward. Time to put on the bear suit just as the winter gets cold in the northern States. Continue watching the 40-week MA at 8000 for the next month. 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.