January 16, 2016

S&P 500 Monthly Bearish Crossover

  • Moving average crossovers in Month Time frame has given good results for bulls and bears as shown 1st chart. Month time frame is getting ready for a Bearish Crossover. 
  • Second chart shows crucial support zone around 1880, Bears will remain strong below this zone.
  • One hour chart shows price in a trending phase below the cloud.