Stock chart patterns and technical analysis (TA) explained simply. Disclaimer: This blog and all its contents are for educational and entertainment purposes only. Do not trade or invest based on any information seen on this blog. Please read Terms of Service. The K E Stone blog sites (Keybot the Quant) are blacklisted by Google, so enjoy the ad-free experience, and only use the Donate button when supporting the sites.
Sunday, November 4, 2012
Keystone's UPS Weekly Chart with 20 MA and 50 MA Cross Indicator
The UPS 20 and 50-week MA cross is another Keystone Cyclical Signal. The cyclical bulls are in charge when the 20 MA is above the 50 MA, the cyclical bears if the 20 is under the 50. Cyclical references the weekly and monthly time frame moving forward, the intermediate into longer term. The Cyclical Bulls continue to rule but the 20 is very close to stabbing down thru the 50 (red circle). Watch this closely this week and next. If the 150-day MA slope turns and remains negative, and the UPS turns bearish, that would be two cyclical indicators in the bear camp and assure that the bears will rule for weeks and months ahead. But, as always, the signals have to occur first. 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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