SPX 60-Minute Chart 200 EMA Cross

Time to watch the 200 EMA on the 60-minute at 1678.74. The SPX is under the 200 EMA signaling bearish markets for the hours and days ahead. June was a battle ground that was conceded to the bulls since the Fed and BOJ easy money fire power was too strong, as well as the BOE and ECB global market pump on Independence Day that catapulted the SPX back above the 200 EMA to save the day as usual. For now, with a new failure of the 200 EMA, we see how much juice the bears got. Markets will remain weak and sell off as long as the SPX remains under 1678.74. 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.