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

The cyclical stock market signals remain mixed. Ditto the stock market with the SPX chopping sideways through 2800-2950 since March.

The SPX 12-month MA cross is Keystone's top indicator for distinguishing a cyclical bull market from a cyclical bear. Price is currently at 2826 above the 12-month MA at 2785 so the stock market is in a cyclical bull pattern.

Summing up Keystone's fave cyclical (weeks and months; intermediate term) stock market signals;
The SPX 150-day MA is sloping negative maintaining an ongoing 6-month cyclical bear market.
The SPX is above its important 12-month MA at 2785 signaling a cyclical bull market.
The SPX dropped only 150 points from the 2950-ish top recently a -5% pullback nowhere near a -10% correction level or -20% bear market.
The NYA remains above its 40-week MA signaling a cyclical bull market.
The UPS 20/50-week MA cross is negative signaling a cyclical bear market.

So the market signals are mixed. All of these signals will eventually line out in the same direction verifying the path ahead. During recent years, due to the non-stop central banker market intervention, the signals have all been in the bull camp. The stock market wagon is starting to wobble. The NYA is teetering so pay attention to that 40-week MA since it will tell you the path ahead for the intermediate term. Pay attention to the SPX 150-day MA slope as previously described.

If the SPX loses the 12-month MA at 2785, the stock market is toast. If the S&P 500 then loses the 150-day MA at 2745, there will be nothing but blood and carnage on Wall Street. The stock market could potentially collapse into free fall if the SPX 2785 level is lost. If the SPX remains above the 12-month MA at 2785, the bulls have their feet up on the desk and are not worried about any market pullbacks. 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.