KrunchieKilleen
Short

INDEXES RALLY OVER: DOWNTREND TO RESUME

AMEX:SPY   SPDR S&P 500 ETF TRUST
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The Two-year Support Line was tested in March and April, but the markets rallied during May, breaking through this year's Resistance Line. The rally has run out of steam, and it looks like this Support Line will be tested again shortly. My guess is that the chart will break through this time, resuming the downtrend.
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