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KrunchieKilleen

Indexes Downtrend

Short
SPDR S&P 500 ETF TRUST (AMEX:SPY)  
KrunchieKilleen  
AMEX:SPY   SPDR S&P 500 ETF TRUST
Trend Analysis
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trendanalysis
As the 2-year Support Line has not been breached, the Downtrend has not yet been established. Swings continue within the 2-year uptrend, but until the "Downtrend" Resistance Line is breached, I believe the Downtrend is in train. The threat of a market crash appears to have receded, at least until the 2-year Support Line is breached.
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