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Wednesday, March 13, 2019

SPX S&P 500 Monthly Chart; 12-Month MA Cross Signals Cyclical Bull Market


The Keystone Speculator's SPX 12-Month MA Cross Cyclical Market Indicator signals that the stock market is in a cyclical bull market pattern. The S&P 500 is above the uber important 12-month MA at 2746. The bears cannot be happy until the SPX drops below 2746 which would signal a return to the cyclical bear market.

Four of Keystone's cyclical market indicators are mixed. The SPX 150-day MA is sloping negatively signaling a cyclical bear market. The SPX is above the 12-month MA signaling a cyclical bull market. The NYA is above the 40-week MA signaling a cyclical bull market. The UPS 20-week MA is below the 50-week MA signaling a cyclical bear market. All four of these indicators will line out in the same direction and that will tell you the path ahead for the stock market in the intermediate and longer term. 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.

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