Pages

Tuesday, May 29, 2018

NYA NYSE Composite Weekly Chart; Keystone's NYA 40-Week MA Cyclical Stock Market Signal

Keystone's NYA 40-Week MA cross cyclical stock market signal. Bears rule going forward below 12585. 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 5/31/18: The market bulls battle back on Wednesday, 5/30/18, sending the NYA back above the 40-week MA at 12589. The central bankers must keep the NYA above the 40 with easy money to keep the stock market party going. NYA price is at 12626. Watch this chart like a hawk since it tells you where the stock market is going over the intermediate term.

Note Added 6/1/18: The drama continues. On Thursday, 5/31/18, the NYA reverses again to 12527 below the 40-week favoring a cyclical bear market going forward. All you can do is keep watching to see how it plays out.

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.