NYA NYSE Composite Index Weekly Chart; NYA Will Signal Start of a Cyclical Bear Market for US Stocks if it Fails at 40-wk MA at 18800

The NYA has retreated to where life become interesting for the US stock market. Is Daylight Fading? That's a tight band. Keystone's top two signals for the intermediate to longer term, for calling cyclical bull and bear markets, are the SPX 12-month MA cross and the NYA 40-week MA cross.

If NYA loses the 40-wk MA at 18831, the US stock market falls into a cyclical bear market going forward. That puppy dropped to 18941 last week only 110 points away or 0.6%; that is nothing.

The NYA topped-out on 11/29/24, during Thanksgiving dinner, at 20333. The drop to 18963 is a -6.7%, call it -7%, drop, so another -3% would be a -10% correction.

If you remain long the stock market and are cheerleading the SPX 7K and higher calls in the months ahead, your butt cheeks will clench if NYA loses 18.8K, and you will begin losing your shirt. The stock market will hang in there as long as the bulls hold the line at NYA 18.8K and do not let it fail. Lightning Crashes at 18.8K. Isn't it great to see a sea of music fans without any garbage smartphones in sight? Great times. And most of you young idiots walk around all day looking down at a smartphone thinking that you are important. That's funny. 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 Tuesday, 1/14/25: The NYA drops to 18857 yesterday with the 40-wk MA at 18870 but immediately bounces on the test of this critical support that separates a cyclical bull from a cyclical bear. Now you know what to watch going forward. She came down for a whack at support at 18870 to test how strong it might be, and to let everyone know that there will be further tests ahead. The NYA sits at 19177 with Armageddon at 18870 only 307 points away. Maybe 307 points is not far down. Is there something left for you and me? One Last Breath. Stay away from the sauce, Scotty, and use that gift that God gave you.