Keystone's SPX 30-Minute Chart with 8 MA and 34 MA Cross Indicator

The 8 MA remains under the 34 MA signaling bearish markets for the hours and days ahead. However, the 8 MA is curling upwards which hints at the bulls regaining some strength. The indicators are mixed over the bottom on Friday at 1422, the money flow remains negative, ditto the MACD line, both wanting to see another lower low. Overall, the chart is showing a sideways vibe as traders await the fiscal cliff decision.  SPX S/R is 1444, 1441, 1435, 1433, 1419, 1416 and 1413. Watch the 8 and 34 cross, the bears are driving the bus over the ST and very short term, for now. 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.