SPX S&P 500 Monthly Chart 12-Month MA Cross Determines Cyclical Bull Versus Cyclical Bear Market

Long time followers of Keystone remember that the SPX 12-month MA is one of the most important market indicators and a key Keystone Cyclical Market Indicator. The 12-month MA is called the cliff, since a cyclical bear market occurs under the 12-month MA; markets will trend lower for months to come. If the SPX is above the 12-month MA, the wine is flowing like water and the market bulls are in command with a cyclical bull market.

Equities fell into a cyclical bear market in August. The global central bankers then collude to create a strong recovery rally in October overtaking the 12-month MA. Now in November price is back below. Yesterday price was above the 12-month MA and today below as a fight continues. The 12-month MA is 2050.68 and price is at 2050.44 signaling a cyclical bear  market ahead. This is epic. A historic market pivot point will occur tomorrow. Bulls win big above 2050.68. Bears win big under 2050.68. The stock market will firmly commit to the direction that the pivot from SPX 2050.68 decides. 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 8:12 PM EST on Wednesday evening, 11/18/15: The bulls create a huge stock market rally today. Three key cyclical market signals are updated. The SPX catapults to 2083 clearly up through the 12-month MA at 2051 signaling a cyclical bull market for the weeks and months ahead. Bears need to drop the SPX back under 2051 or they got nothing.

The NYA 40-week MA cross shows the NYA remaining well under signaling a cyclical bear market.

The UPS 20/50-week MA cross turns positive by a smidge over the last two days but nonetheless this signals a cyclical bull market ahead for stocks for the weeks and months to come. Thus, two signals are bullish and one bearish. Either the NYA needs to cross above the 40-week MA to join the bulls and guarnatee a multi-month stock market rally ahead, or, the SPX will retreat and slip back under 2051, and the UPS 20/50-week MA cross will reverse to a negative cross again, which would forecast weak and sick markets going forward through 2016. Continue to monitor these three key signals until you see all three agree which tells you the answer to market direction through 2016.