Two Key Dates for the Bears

If the "Exponential Moving Average Strategy" remains bearish (13-wk EMA < 34-wk EMA) going into August, the Bears must have their proper allocation of inverse ETFs in place.  The key dates for the Bears are August 2 and 10 (+/- two trading days on the former and latter dates).  As of now, resistance levels for the S&P 500, which I mentioned in previous posts, are still 1090 to 1100.  My downside target is currently between 950 and 965 on the S&P 500.