Keystone's SPX Daily Chart with 150 MA Slope Indicator

A few days ago, after many weeks and months, we saw how the slope of the 150-day MA turned negative (blue box) which signals that a Cyclical Bear Market has started. Those pesky bulls, however, slapped the bears by inching the 150-day MA up a few pennies to negate the downward slope but the slope should turn negative in short order again. Watch this closely this week.  Here are the last few prints for the 150 MA;

1384.71 on 10/25/12 continuing the long steady-eddy upward slope of the 150-day MA.
1384.67 on 10/26/12, bingo, the slope turns negative by four pennies indicating that markets have now fallen into a Cyclical Bear market pattern.
1384.67 on 10/31/12 flat as a pancake showing the cyclical bears in good shape.
1384.82 on 11/1/12 the bulls slap back and push the slope higher again regaining the cyclical high road.
1384.89 on 11/2/12 the bulls push higher another day telling bears their hopes for extended cyclical downside are pure folly.

Tomorrow, Monday, 11/5/12, we receive the next print for the 150-day MA.  If you are long the markets and want to see bullishness, you need to see the prints continue higher, say, 1384.92, 1384.95, etc.... day after day and you will be whistling dixie. If you are bearish the markets and want to see the markets tank, you are looking for lower numbers for the 150 MA such as 1384.85, 1384.80 and headed lower day after day. If this occurs it is important since it signals that a cyclical market change has occurred and it is best to be wearing a bear suit for the weeks, perhaps months, ahead. This week will provide the answer. 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.