$SPY Up Trend Still In Tact - for now - TBD

Panjang

SPDR S&P 500 ETF TRUST (AMEX:SPY)

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AMEX:SPY SPDR S&P 500 ETF TRUST

As you can see the "Regression" trend line is in tact. The chart shows one other time that we entered an area of wide volatility (both highlighted). While I can't predict where it's going, you must be open to a continuation of the trend.

Komen:

9/17 Just one day later $SPY is sitting on the 50 day line. It is important to stay or get back above that for the trend to be able to hold up. It's yellow light time... don't push hard on the buy button until the market proves itself. IMO... And, I'm not bearish here, just open to all outcomes.

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