S&P 500 Moving Averages Magic – Updated

This entry was posted by Saturday, 27 October, 2012

S&P 500 Moving Averages Magic

Following the break out move earlier this year the S&P 500 is now testing the moving average that will give us the next long term sell signal.

We already know through our JM Hurst Cycles analysis that the long term cycles are running out of time. Will it break this week so close to the US elections?  We discuss the possibility in Kennys Elliott Wave Analysis Premium Forum this weekend but either way, it surely is just a matter of time now.

You can find more free charts including the Hurst cycles analysis chart in my Kennys Elliott Waves at Stockcharts pages.

S&P500 Moving Averages MagicS&P 500 Moving Averages Magic

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