Keystone's SPXA150R Indicator Signals Significant Market Top

The SPXA150R is one of Keystone's Short-Term Market Signals.  As price moves above 80%, the markets are becoming overextended. At 85% very strongly overextended and buying protection or bringing on shorts is the prudent course of action. At 90% and higher, the markets are at frothy levels and the markets can be comfortably shorted. This does not mean the indexes cannot run higher, as evidenced by the continued strong upside in the broad indexes over the last few days, but it does mean the market top is at hand.  The red circles show the significant market tops and they all occur at the elevated SPXA150R levels. At 93.60 now, this is an obscenely high level and is identifying a significant market top. The green circles show market bottoms. Projection is a market sell off ahead; the question is how far will markets correct? 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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