AAPL Apple Monthly Chart; Overbot; Negative Divergence Developing; Upper Band Violation

The FAANG (FB, AAPL, AMZN, NFLX, GOOGL) stocks monthly charts have topped out except for mighty Apple. Remember before the last earnings release the rising wedge (bearish) was in play as well as overbot conditions and negative divergence except for the MACD. It was a matter of simply waiting for the MACD to roll over to begin sustainable downside Then, bingo. The earnings surprise to the upside. At the same time, billionaire Warren Buffett and CNBC commentator Jim Cramer cheerlead the stock. The new product release event goes well pumping the stock higher. Other sound bites pump Apple higher.

AAPL leaps higher as the long white candlestick shows and the last couple months is flat action. All the indicators are in negative divergence sans the MACD line that remains long and strong (green line). Therefore, AAPL likely has one more rally in it to match those highs over the last three months. For this month, the FAANG stocks collapsed starting the first few days of October after matching price highs printed with corresponding neggie d. Apple may be about one month behind the others.

Price has violated the upper band so a move back down to the middle band at 172 is on the table for the weeks and months ahead. A nice shorting opportunity will likely set up if Apple comes back up to those 230-ish highs as the bullish MACD line suggests. Simply watch for when the MACD line curls over and negatively diverges against price. That will mark the multi-week, multi-month and perhaps multi-many year high for mighty Apple.

If you made a lot of money on AAPL, or even if you have not, it is likely prudent to exit stage right before the doorway becomes jammed with bodies. Toss your shares to Buffett and Cramer who continually and enthusiastically tell folks to "buy, buy, buy!" 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 on Thursday Evening, 11/1/18: AAPL reports earnings and is whacked -7% lower briefly losing its $1 trillion market cap.

SPX S&P 500 Monthly Chart

The neggie d spankdown occurs this month for the S&P 500. The red lines show how price continued higher but the indicators were all out of gas, thus, price stalls. The SPX violated the upper band so a move to the middle band at 2624, which is also the 20-month MA support, was on the table and on Friday, price drops to 2628 close enough for government work. The lower band at 2296 and rising remains on the table going forward.

The top in the MACD line was a bit cheesy, but even if the SPX musters up a strong relief rally, the current negative divergence is likely too much to overcome. After almost one decade of central banker Keynesian money-printing, the index is sputtering and running out of gas. It is obscene to see the index rise from the bottom left to the upper right purely on central banker largess. It makes you want to vomit.

Free markets and capitalism are a joke; these theoretical ideals were spit on to save the banks and protect America's wealthy elite class in early 2009 (that own huge stock portfolios). America is best described as a 'pseudo free market crony capitalism' financial system.

The loss of the 10-month MA at 2754 and 12-month at 2738 remain major technical breakdowns. The stock market will remain in turmoil and in a cyclical bear market pattern going forward unless these two key moving averages are retaken.

When a month moves in one direction, typically, the last few days of that month it will move counter to that direction. October is a mini-crash downwards so the bulls may see some relief into Wednesday the EOM. A bounce will also hold the 20-month MA support at 2624 at least for now. Watch these three key moving averages to gauge the strength of any rally.

Bulls will rejoice if the 12-month MA is retaken but they will have to also retake the 10-month MA to prove they have lots of upside strength. If price moves above the 12, but then stalls at the 10 and begins slipping away to the downside again, and then loses the 12 again, Katie bar the door; the stock market may go straight into free fall. Bulls can throw confetti if they regain the 10-month 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.

'Tis the Season

Do not forget the disadvantaged as the cold winds blow and the holiday season approaches. Go through your closets and get rid of those old winter coats that you never wear anymore. Donate them to the local thrift store in your area; preferably the stores ran by volunteers since they are more focused on helping the needy directly rather than the bigger commercialized thrift stores. Disadvantaged kids will appreciate a new coat that they can buy for a couple dollars that will keep them warm at the bus stop.

While you are at it, clean out the pantry and get rid of all those cans of vegetables and fruit that you never plan on eating. Throw in a few cans of things you like as well since you can go buy more for yourself. Drop that bag off at the local food bank. The poor, disadvantaged and lower middle class will appreciate it. Typically, you should be able to drop off the winter coats, clothes and canned goods all at the local thrift store, if not, the blue-haired gal's there will be glad to provide you with information.

SPX S&P 500 2-Hour Chart; Oversold; Falling Wedge; Positive Divergence; Lower Band Violation

The SPX 2-hour chart is ready to launch higher right now. This gels with the expectation that the month may end in rally mode due to the whole month trending lower thus far (when this happens the month tends to end moving in the opposite direction). The green lines show universal positive divergence as price made the lower low on Friday.

Price has violated the lower band so the middle band at 2708 and dropping is on the table. There is a gap at 2680-2700 that will need filled. The 150 and 200-day MA's are at 2767-2776 which is at the top rail of that falling wedge pattern (which is bullish).

With universal possie d, the RSI and stochastics coming off oversold territory, the falling wedge, the lower band violation, all bullish indications, the expectation would be for price to rock and roll higher in this 2-hour time frame.

The daily chart show possie d for all its indicators sans the MACD line. Thus, price may bounce to begin the week as the 2-hour chart indicates, but then the daily chart will exert its influence later in the week to bring price down again if the MACD line remains weak and bleak, at that time, if the MACD line turns possie d on the daily chart, the strong relief rally higher will begin or is in progress. 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.

SPX S&P 500 Daily Chart; Overbot; Falling Wedge; Positive Divergence Developing; Lower Band Violation

Here is an update of the SPX daily since it was posted on Friday. Remeber, the idea was to wait for the MACD line to positively diverge before the bottom occurs in this daily time frame. So equities are smacked hard on Friday, there is blood in the streets, bulls are running for their lives, and price drops to that LOD at 2628.16. Write that number down and reference it as time moves along. As price makes the lower low the MACD line...... continues lower, it remains weak and bleak (purple circle). Thus, price likely wants to come back down again for another matching or lower low after it pops a day or few due to the positive divergence (green lines); a jog move, up-down-up.

A satisfactory bottom will not occur until the MACD line goes possie d like the other indicators. Price has violated the lower standard deviation band so a move back to the middle band at 2801, and falling, is on the table. This is also the 20-day MA at 2801.

Price may want to back kiss the important 150 and 200-day MA's that failed at 2767-2776. With the 20-day coming down it will form a confluence with the 2767-2776 range in a a couple days or so. This area may act as a magnet for price. October has been a straight down month and when the trend is strongly in one direction, the last few days of the month tend to trade opposite. So this factor would lean towards a recovery in the S&P 500 to end the month which is Wednesday, Halloween.

A rally may occur out of the gate on Monday but use the MACD line as the guide for whether it is sustainable or not. Nonetheless, she is very close to turning up and creating a relief rally. However, remain alert, because as long as that MACD is negatively sloping its illness may still inflict other indicators.

Note that flat 150-day MA line. This is a key cyclical market indicator. The 150-day MA is flat and may begin curling downwards (slope negatively). This will signal that a cyclical bear market is underway. The SPX below the 12-month MA at 2740 is currently signaling that the stock market is in a cyclical bear market. The NYA below the 40-week MA signals that the stock market is in a cyclical bear market.

Perhaps a bounce early in the week as the month closes out to help claw back some of the drastic drop in October, and then weakness again due to the MACD line, and then when that MACD line goes possie d that is the bottom in this daily time frame, and a substantive relief rally begins that should last a few days and more. The Monday action will tell a lot. 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.

SPX S&P 500 Daily Chart; Oversold; Positive Divergence Developing; Lower Band Violation

The S&P 500 daily chart shows the red rising wedge, overbot conditions, upper band violation and negative divergence that Keystone highlighted calling for the top which occurred. Price receives the neggie d spankdown. Remember, the collapses from rising wedges can be quite dramatic. The SPX takes a theatrical drop off its pedestal top as the month began.

The green lines show a lower low in price as the bears continue to bite off chunks of bull flesh. The RSI and stoch's are oversold agreeable to a bounce. Price has violated the lower standard deviation band so the middle band, which is also the 20-day MA, at 2814, and dropping, is on the table going forward.

Price lost the 200-day MA at 2767 and may want to come up for a back kiss and bounce or die decision. The middle band and 20-day MA is dropping so this may come down to form a confluence with the 200-day as perhaps price comes up to meet this confluence; perhaps next week.

The green lines show positive divergence with all the indicators except for the MACD line that remains weak and bleak wanting another matching or lower low in price. With S&P futures down -30 before the Friday morning opening bell, the matching price should print. Thus, watch the purple circle. If the MACD line curls upwards showing possie d as price makes the new low, and the other positive divergences all remain in play, then the bottom is in for the S&P 500 in this daily basis.

Note how price floated higher the last few months but the ADX was under 20 the whole time showing that the uptrend move was NOT a strong trend higher. Stocks float higher on central banker and Whitehorse hype and news bites rather than technicals or fundamentals. Lately, emotion is driving stocks to and fro. The ADX rocket launches to 39 as the SPX collapses verifying that the move lower in the stock market is a strong trend lower.

The negative red Aroon line is in overbot territory so it would be agreeable to seeing a bump higher in price for a few days as it falls from those levels. Thus, the SPX is very near a bottom perhaps today, or early next week. The VIX spiked above 27 this morning and the put/calls are elevated verifying the fear and panic in markets. This behavior would jive with a bottom. Perhaps the Q3 GDP number will shake things up as it is released in the next few minutes. 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.

VIX Volatility and SPX S&P 500 Daily Charts

Boom. The VIX prints above 27 this morning (green dot). The blood is flowing in the streets. Hand-wringing is rampant. Doom and gloom. Oh woe is me. The negativity increases this morning with S&P futures down -42 a short time ago now down -30. Friday is off to an ugly start with the Q3 GDP data hitting the tape in 45 minutes.

The VIX is above the 200-day MA at 15.68, one of Keystone's short-term market indicators, so the bears are in full control of the stock market. Bulls got nothing unless they can push the VIX below 15.68. On the bear market upper side, which is where we are at now with the VIX at 26.66 as this message is typed, the fear and panic is rampant. Billionaire investor Warren Buffett, after pouring Geritol into his cafe late, will leap off his easy chair and tell you to "buy when there is blood in the streets (small green circles)." What do you think will happen going forward?

In the late January and early February crash, the VIX spiked to 50 which was the perfect signal to go long. One characteristic to look for is if the SPX keeps trading lower but the VIX is not making new highs which may indicate that a bottom is near. 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.

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

Here is another one of Keystone's cyclical market indicators; the 40-week MA cross on the NYA. Above the 40-week is a cyclical bull market while below the 40-week is a cyclical bear. The NYA failed below the 40 on 10/10/18 ushering in a cyclical bear market. Keystone highlighted this at the time; already 17 days ago.

Note the battle this year. Each time the 40-week failed, the bulls would muster up the strength and hoist price back above the 40 within a few days or week or so. Not this time. Price stabbed down through the 40 and never looked back. There will probably be a back kiss of the 40-week MA needed going forward. That will truly determine if the bears will sustain the cyclical bear market pattern for the months and years ahead, or not. Stock market bulls need the NYA above 12749 or they got nothing. 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.

SPX S&P 500 Monthly Chart; 10 and 12-Month MA's; Cyclical Bear Market

The SPX fails below the critically-important 12-month MA at 2742 ushering in a cyclical (weeks and months ahead) bear market. The 12-month is Keystone's cliff-edge and the stock market fell off the cliff. After that, the daily carnage is not surprising. If you are long stocks, you have no hope unless the S&P 500 recovers back above 2742. Stocks will continue sideways to sideways lower for the weeks, months perhaps years ahead--as long as the SPX remains below 2742.

If price recovers above 2742, the relief rally is real and has upside legs. The next critical test would be the 10-month MA at 2758. If price moves above 2758, the upside rally is guaranteed going forward. If the SPX bumps its head on the 2758 and is spanked back down, that is very troublesome and likely identifies that the long-term multi-year top is in for the stock market. If price then fails back below the 12-month MA, equities will begin cascading lower without hope of recovering which is what is occurring now with the SPX at 2706 well below the critical 2742.

Adding more negativity, the S&P futures are down 32 points Friday morning about an hour before the Q3 GDP data and a couple hours before the opening bell for the regular session. The VIX spiked above 27 a short time ago. Using cliche phrases, there is fear and panic occurring, the baby is thrown out with the bathwater and blood is in the streets. The high VIX hints that a tradeable bottom is very near. 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.

SPX S&P 500 2-Hour Chart; Positive Divergence; Oversold; Falling Wedge; Lower Band Violation

The SPX bounced off the positive divergence but then hit its head on the top rail of the falling wedge pattern and fell back down. This is odd behavior since all indicators were positively diverged; the expectation would be for price to rally there forward. Price comes back down now printing a matching low in price and the indicators remain positively diverged.

The MACD line has a hair of weakness but that would only last an hour or two. It appears time for the S&P 500 to bounce. The only thing that can change things is a negative news bite. The lower standard deviation band is violated so the middle band at 2748 is in play as well as the upper band at 2806. That huge gap at 2740-2750 will need filled at some point. 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 Thursday, 10/25/18, at 11:38 AM EST:  The SPX flushed lower into the Wednesday closing bell. The S&P tanked 85 epic points on 10/24/18. That is really something. The positive divergence remains in play. Price dropped to 2656 and now is popping back up 47 points on the day, +1.8%, to 2703. That is comical. Price round-tripped from 2700-ish down to 2656 and then back again. The SPX remains under the 12-month MA at 2743 which spells major trouble for stocks ahead and a cyclical bear market now in play. Bulls need SPX above 2743, otherwise, they got absolutely nothing. The positive divergence pops the SPX 2 candlesticks to begin the Thursday trade. Markets are trading on emotion at this point. The CPC put/call ratio pops to 1.29 verifying panic and fear in the stock market right now. Ditto the VIX that ran above 26 yesterday. These parameters hint that a bottom is near since indiscriminate selling was occurring which usually leads to exhaustion.

UTIL Utilities Weekly Chart

The utilities provide valuable insight into the intermediate and long-term stock market direction. The 15-week trend and 50-week MA are key tools for forecasting the stock market. Typically, you would expect the utes to roll over at the same time or a couple months ahead of when the stock market rolls over to the downside if the market plans to trend lower for weeks and months ahead.

At the start of the year, the utilities were dropping like rocks and the stock market then peaked in late January and fell apart. It was all systems go for long-term weakness but the Federal Reserve and other global central bankers always step in to save the day and February was no different.

The odd thing with the current stock market selloff is that the utilities have been trending higher for the last five weeks, not lower. Not even going down coincidentally with the broad stock market. This hints that the sustainable intermediate and long-term stock market weakness may not quite be here as yet. Stocks may have one more relief rally in their belly. S&P futures are down -42 as this message is typed on Tuesday morning, 10/23/18, before the opening bell.

The price from 15 weeks ago determines if utes are in a weekly uptrend or downtrend and this in turn dictates the broad stock market direction. The price ending the week 15 weeks ago is 721.87 (purple circle). UTIL is at 742 so it is in a weekly uptrend which is bullish for the stock market. The comparison number for next week is the brown circle at 718.20. The week after is 721.60 and after that 728.81. If the stock market was beginning its long-term cyclical weakness now, the UTIL should be in a downtrend.

The 50-week MA is at 710. UTIL is at 742 well above this key level that Keystone often calls the trap-door. The stock market is prone to go into free fall when the UTIL 50-week fails.

So the two key parameters, the 15-week lookback and 50-wk MA, are bullish. This hints that the stock market should recover with a strong relief rally and at that time, say a couple weeks or so out, we can see if UTIL rolls over and begins dropping. Perhaps it is different this time and stocks may tank regardless of the buoyancy in utilities?

Keystone's key cyclical market signal, the 12-month MA at 2747, holds the answer. This is the cliff-edge for the stock market. If SPX 2747 fails and price remains below 2747 going forward, the stock market will definitely be in a cyclical bear market for weeks and months, perhaps years, ahead. The utilities falling off a cliff and tumbling straight down right now would support the bear case.

Considering the bullish utes above, however, the expectation would be for the SPX 2747 level to hold, even if it fails for a day or two, and the S&P 500 would be expected to recover with a relief rally. It will be fun to see how it all pans out this week.

Note the W pattern bottom that formed early this year. W's are strong bullish patterns. The base is at 660 and breakout line at 710 so the difference is 50 and the upside target after price broke up through the 710 level, which is also the 50-week, is 760. The high is 748 so there may be a few more points of upside needed that may take another couple weeks. 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 on Wednesday, 10/24/18, at 2:42 PM EST: Bingo. UTIL is above 758. That is close enough to satisfy the W pattern target.

SPX S&P 500 30-Minute Chart; 8 and 34 MA Cross

One of Keystone's favorite VST (very short term; hours and days) stock market indicators is the 8 and 34 MA cross on the SPX 30-minute chart. The SPX failed on 10/9/18 but the bulls battle back and create the relief rally starting with the positive 8/34 MA cross on Monday, 10/15/18. The bears fight back and slap, smack, the 8 MA stabs back down trough the 34 MA ushering in near-term weakness. The bears remain in control as long as the 8 MA remains below the 34 MA. If the 8 MA recovers back above the 34 MA that tells you  the relief rally is beginning.

The SPX begins the new week of trading at 2768. Keystone has been harpin' on the importance of the 2764-2776 support gauntlet show by the red and green bars. Price is moving sideways. The world awaits the up or down decision from this critical 2764-2776 range. 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.

SPX S&P 500 60-Minute Chart; 200 EMA Cross

One of Keystone's favorite VST (very short term; hours and days) stock market indicators is the 200 EMA cross on the SPX 60-minute chart. The SPX failed below the 200 EMA on 10/4/18 and came up for the back kiss and then collapsed ushering in a bear market for the near-term. The bears remain in control as long as the SPX remains below the 200 EMA at 2848. If price moves above 2848, the stock market will rally strongly higher.

The SPX begins the new week of trading at 2768. Keystone has been harpin' on the importance of the 2764-2776 support gauntlet show by the red and green bars. Price is moving sideways. The world awaits the up or down decision from this critical 2764-2776 range. 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.

SPX S&P 500 Weekly Chart

The universal negative divergence, rising wedge pattern, overbot RSI and stochastics and violation of the upper standard deviation band all conspire to create the top and smack; these parameters punch the stock market squarely in the face in the weekly time frame; a neggie d spankdown; an easy top call.

The moving average ribbon is displayed. Back at the January top price was above the 20-wk MA above the 50-wk above the 100 above the 150 above the 200. A mean reversion was needed and it occurred but price only came down to the 50-week. Just think, in the months down the road, price will eventually revert below the 200-week MA.

Price stops at the 50-week MA and wrestles at this key 2747 level. This is also where the key 12-month MA is at which is one of Keystone's Cyclical Market Signals; the cliff. If the 2747 is lost, an Armageddon outcome begins for the stock market for the weeks, months and perhaps several years ahead. Bulls must hold 2747 or they are toast.

The RSI and stochastic slip into bear territory (below 50%0 so keep an eye on them. The indicator are weak and bleak hinting at another lower low required on a weekly basis so a tirp to that lower standard deviation band at 2707 may be on the table on the weekly basis.
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.

SPX S&P 500 Daily Chart

The collapses from rising wedges can be quite dramatic and the SPX daily chart verifies that expectation. The red lines show the negative divergence and overbot RSI and stochastics that lead to the top and failure. It was a bloodbath.

Interestingly, that low intraday print at 2710 occurs without any of the indicators positively diverging. So price bounced solely from the oversold RSI and stochastics. Without possie d, the expectation would be for price to roll back over and come down for a test of that 2710-ish level to see if positive divergence will form, or not.

Stocks are moving on emotion these days. Price violated the lower standard deviation band so the middle band at 2854 and dropping is in play. Price will bounce or die from the 200-day MA at 2768 tomorrow, or more importantly, from the 2764-2776 support gauntlet. Bears win sub 2764. Bulls win above 2776.

The path downward is exhibiting an expanding triangle pattern or megaphone pattern. If price follows this pattern, the SPX would drop like a rock to the 2625-2680 area. 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.

SPX S&P 500 Suport, Resistance (S/R), Moving Averages and Other Key Levels for Trading the Week of 10/22/18

SPX (S&P 500) support, resistance (S/R), moving averages and other important levels are provided for trading the week of 10/22/18. Levels shown in bold are strong resistance and support. Bold and underlined levels are very strong and important S/R.

The all-time record high print for the S&P 500 is 2940.91 on 9/24/18 and the all-time closing high is 2930.75 on 9/20/18. The Power and Glory of the global central bankers is impressive. They are modern-day Money God’s. The BOJ and ECB continue printing money like madmen. Ditto the PBOC that plans to step-up their market-pumping efforts. The Fed maintains low interest rates since inflation is Godot. The easy money pumps all asset classes higher for the last decade including stocks, bonds, real estate, art, collectibles, cars, vineyards, etc… We truly live in a new Gilded Age.

The SPX all-time record intraday low is 666.79 (the infamous 666) on 3/6/09 and all-time closing low is 676.53 on 3/9/09.

For 2018, the intraday high is 2940.91 and closing high is 2930.75. For 2018, the intraday low is 2532.69 on 2/9/18 and the closing low for this year thus far is at 2581.00 on 2/8/18. It would be interesting if the bear levels were tested by year end.

The SPX monthly chart displays negative divergence across all its key indicators (RSI, MACD, histogram, stochastics, money flow) as price prints matching highs in October signaling that a long-term top has printed a la the October 2007 top.

The full moon peaks for the month early Wednesday morning US East Coast time. Stocks are typically bullish through the full moon each month so the bulls may have control of equities from Tuesday afternoon into Wednesday. Earthquake activity will likely increase in the days ahead since the Earth and Moon will be at a key gravitational inflection point mid-week.

The S&P 500 begins the week at 2768 smack-dab on top of the 200-day MA support/resistance at 2768. In addition, the 150-day MA is at 2775. The 10-month MA is 2765. The 50-week MA is 2747. The 12-month MA is 2747. The 2764 price level is strong support from the list below and the 2776 is very strong overhead resistance. Gathering up three of the moving averages and the two key S/R levels yields a key range of 2764-2776. This gauntlet is uber important. The S&P 500 sits inside this gauntlet and is deciding which way to break. The direction will be key and determine the winner and loser ahead.

The 10-month MA at 2765 is very important and price did not close below here on Friday which gives the bull's a tiny feather for their caps. The stock market will deteriorate if the 10-mth MA is lost. On the downside, if 2764-2765 fails, serious trouble begins. Price will immediately test the Friday LOD at 2760. If that fails, the next stop is the strong support at 2753. If that fails, it is game-on for a battle at the key 2743-2749 support gauntlet. This is the last chance range for the bulls to hold back the bears. Below 2743, is carnage, destruction, mayhem and big-time stock market losses. Armageddon occurs going forward for many months and perhaps a year or two or more if the 2743 level fails.

On the bull side, price needs to use the 200-day MA at 2768 as a springboard and pop up to the 2774-2776 resistance. If the bulls can poke up through 2776 and hold the breakout, price will jump to 2780 and then 2786-2789. If the bulls begin a strong relief rally, think about where the month began at 2914 as the month ends on Wednesday, 10/31/18.

The strongest support/resistance for the SPX (S&P 500) is 2786-2789, 2780, 2764-2776, 2760, 2753, 2743-2749. All hope is lost for the stock market below 2743. The table is set and the festivities are about to begin.

Note: If the list below displays any blank spaces, view it in the Google Chrome browser. If you experience any difficulties viewing the blog sites, you have to view the sites in Google Chrome or disable your Adblock software. The data below is current up through 10/21/18.

SPX (S&P 500) SUPPORT/RESISTANCE (S/R)

3330

3020

3000

2980

2960

2950

2945

2941 (9/21/18 All-Time Intraday High: 2940.91) (9/21/18 Intraday High for 2018: 2940.91)

2940

2937

2935

2932

2931 (9/20/18 All-Time Closing High: 2930.75) (9/20/18 Closing High for 2018: 2930.75)

2927

2926

2924

2922

2919

2917 (8/29/18 Intraday High: 2916.50)

2914 (8/29/18 Closing High: 2914.04)

2913.98 October Begins Here

2912

2908

2906

2904

2902

2901

2900

2898

2897

2895

2894

2892

2889

2885

2877

2876

2873 (1/26/18 Intraday High: 2872.80)

2872

2869.41 (50-day MA)

2867
2864 (9/7/18 Intraday Low: 2864.12)

2863

2862

2857

2856

2854.10 (20-day MA)

2854

2853

2851

2850

2848.07 (200 EMA on 60-Minute Chart a Keystone Market Turn Signal)

2848

2846

2843

2842

2840

2839

2838

2836

2835

2833

2831

2830

2827.72 (20-week MA)

2827

2825.85 (100-day MA)

2824

2822

2818

2816.94 Previous Week’s High

2816

2813

2810

2809

2808

2806

2803.87 (6-month MA)

2803

2802 (3/13/18 Intraday High: 2801.90)

2800

2799

2798

2797.77 Friday HOD

2797

2791 (6/13/18 Intraday High: 2791.47)

2789

2786

2783

2780

2779

2776

2775

2774.77 (150-day MA; the Slope is a Keystone Cyclical Signal now flat)

2770

2768.24 (200-day MA)

2767.78 Friday Close – Monday Starts Here

2767

2764.98 (10-month MA)

2764

2762

2760.27 Friday LOD

2760

2753

2751

2749.03 Previous Week’s Low

2749

2748

2747.98 (12-month MA; a Keystone Cyclical Signal; the cliff)

2746.76 (50-week MA)

2744

2743

2742 (5/22/18 Intraday High: 2742.24)

2741

2738

2733

2732

2731

2728

2727

2724

2723

2717 (4/18/18 Intraday High: 2717.49)

2716

2714

2713

2711

2710 (10/11/18 Intraday Low: 2710.51)

2705

2701

2699
2695 (12/18/17 Intraday High: 2694.97)

2693

2692 (6/2818 Intraday Low: 2691.99)

2683

2682

2681

2678

2677 (5/29/18 Intraday Low: 2676.81)

2676

2674 (12/29/17 Intraday Low; 2673.61)

2670

2665 (12/4/17 Intraday High: 2665.19)

2663

2661

2660

2659

2657

2653 (12/13/17 Intraday Low: 2652.85)

2652

2645

2639

2637

2635

2629.48 (20-month MA)

2628

2613

2606

2605 (12/1/17 Intraday Spike Low: 2605.52)

2602

2601

2597 (11/7/17 Intraday High: 2597.02)

2595 (5/3/18 Intraday Low: 2594.62)

2593

2588

2586

2585

2584

2582

2581 (2/8/18 Closing Low for 2018: 2581.00)

2580

2579

2578

2575

2573

2571.47 (100-week MA)

2569

2567

2566

2560

2557

2555

2554 (4/2/18 Intraday Low: 2553.80)

2553

2552

2551

2549

2548

2545

2544 (10/25/17 Intraday Low: 2544.00)

2541

2535

2532 (2/9/18 Intraday Low for 2018: 2532.69)

2529

2521

2520

2519

2510

2508

2507

2503

2500

2497

2496

2491 (8/8/17 Intraday High: 2490.87)
2488 (9/25/17 Intraday Low: 2488.03)

2484 (7/27/17 Intraday High: 2484.04)

2483