NYA NYSE Composite Weekly Chart 40-Week MA Cross Cyclical Bear Market

The bears were crying in their beerski's last Thursday evening as the bulls regained the 40-week MA but in Friday trading the bears slapped the bulls in the face pushing the NYA back under the 40-week MA signaling a cyclical bear market ahead for weeks and months perhaps longer. Of course this battle will continue. The bulls were able to recover from the October failure, and also recover from the December failure.

Type "central banker collusion" into the search box at the right margin and bring up two prior articles that describe in detail how the Fed, BOJ, ECB and other central bankers collude and coordinate to pump the stock market higher saving the day in October and December.

The importance of this chart cannot be overstated. If the NYA remains under the 40-week MA, stocks are going to finish lower this year and the universal consensus on Wall Street for SPX 2150-2350 will be incorrect. If you remain bullish the market, you need the NYA above the 40-week MA, otherwise you will lose money week after week moving forward.

The fight continues on Monday. The stock market is in a cyclical bear market going forward unless the bulls can regain the 40-week MA. 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.

Note Added Tuesday, 1/27/15, at 11:30 AM: The NYA recovers on Monday above the 40-week MA so the bulls celebrate all night long. However, this morning, stocks collapse and the NYA drops under the 40-week MA signaling a cyclical bear market pattern for the weeks and months ahead.