Just a quick bulletin for my readers. The SPX just triggered a Short-Term Trend Model Neutral signal. The 5-EMA crossed below the 20-EMA while the 20-EMA was above the 50-EMA which generated the Neutral signal v. a SELL signal.
Technical Analysis is a windsock, not a crystal ball.
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About the author:Erin Swenlin helped create and manage the DecisionPoint.com website alongside her father, Carl Swenlin.
Together, Erin and Carl launched the DecisionPoint daily blog in 2009.
She hosts the MarketWatchers LIVE web show at StockCharts.com, and is also a Member of the CMT Association.