SPX S&P 500, Tech

$SPY, $QQQQ Monthly and Weekly Charts

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$QQQQ Monthly, 20ema

Just one Cubes chart, for comparison purposes only. The price is above 20ema on the monthly.

$SPY Monthly, 20ema

Hasn’t quite made it up there yet.

$SPY Monthly, 1993 to present, 20ema

To proclaim a new bull market with confidence, it’s pretty obvious the price has to make it over the 20ema on the monthly chart.

$SPY Monthly, 13/34ema

13/34ema cross would also be a confirmation of the turnaround.

$SPY Weekly, 13/34ema

13/34ema cross has already happened on the weekly, and both moving averages are pointing up.