Keystone's SPXA150R Daily Chart Indicator

The SPXA150R is a Keystone market turn signal. The 80, 85 and 90 levels are impotant when markets are topping.  A move up through any of the levels show bull strength while any move down through a level shows bearishness in the markets. The level of negativity grows as the SPXA150R prints higher and higher numbers since the markets are peaking and topping out. Any print above 90, in general, is an excellent place to short the market from, and the recent behavior, almost 60 SPX handles down from the top right now, proves once again. When the indicator moves above 80, the markets are perceived to be bearish, then above 85 traders should be very bearish, and above 90 uber bearish and the short side is the place to be as bullish euphoria is rampant.

The important aspect last week is that the 90 level failed. This means there is ongoing bearishness in the broad indexes moving forward. If the SPXA150R drops under 80 the market selling will noticeably increase. If the indicator moves above 90 again, the bulls are driving the bus again for some more good times, however, this action will only set up another market top and roll over.  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.