SPX - Another SignalS&P 500SP:SPXVIAQUANTThe S&P 500 is giving market participants another bearish signal to watch over the coming weeks (weekly EMA cross). This occurs when the yellow 9 EMA (short-term moving average) crosses below the blue 21 EMA (mid-term moving average) on the weekly timeframe. Historically, every time this cross has occurred to the downside, the S&P 500 has experienced a meaningful decline. What makes this signal particularly powerful is its symmetry. Inversely, when the cross occurs to the upside, it has consistently preceded strong rallies in price. Right now, the 9 EMA is on the verge of crossing below the 21 EMA. If buyers cannot find strength over the next couple of weeks, this cross will confirm and add further fuel to the correction I have been outlining in my previous posts. This is a signal worth taking seriously. Keep a close eye on how price develops over the next two weeks, as the outcome of this cross could set the tone for the broader market trend going forward. For price targets and the full breakdown of additional bearish signals I have been outlining, please refer to my previous posts.