Keystone's SPX 60-Minute Chart with 200 EMA Cross

The 60-minute chart with 200 EMA cross is a Keystone turn signal for short term and VST trading. The market bulls are in control for over one month, price teases the 200 EMA but remains above. Watch 1418.46 closely since bad things will happen to the markets if it fails. If the SPX stays above 1418, the bulls are fine. The MACD line remains weak and bleak sloping negatively so this wants to see a lower low in price at 1425. Overall, the SPX is hinting at sideways action until the fiscal cliff decision comes. SPX S/R is 1460-1461, 1444, 1441, 1435, 1433, 1419, 1413, 1409, 1406, 1403. 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.