AMEX:SPYD   SPDR Series Trust SPDR Portfolio S&P 500 High Dividend ETF
It seems likely we fill the gap above Before the one below. Once we get Both of these gaps filled, we will then have a BIG decision ahead of us.

Most likely more Drama to come sooner than later but i could be wrong. Either way even if we claim 3800 back on the big boy and turn it into Temporary support again. I still see a bigger drop coming at some point to 3200-3400 ranges. I think that's the Real support and first line of true defense in the cascade DOWN.

To me this is just a relief rally underway and even if it turns into a BIG one it's still more DOWN to come.

SADLY, i see world economics /macro etc. getting MUCH worse over the next 6 to 18 months MINIMUM.

Penafian

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