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SPY New Downtrend Line

SPDR S&P 500 ETF TRUST (AMEX:SPY)  
mproger Updated   
AMEX:SPY   SPDR S&P 500 ETF TRUST
Trend Analysis Chart Patterns Technical Indicators downtrend SPDR S&P 500 ETF (SPY) Bearish Patterns Bullish Patterns correction
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trendanalysis chartpattern indicator downtrend spy bearish bullish correction
Watching a possible new trendline in SPY. Looking for one more test of it to confirm the line. If this line is confirmed, follow it with for a 2%-4% correction.
Comment:
Trendline just confirmed at 1156 AM
Comment:
Trendline broke to the upside, Testing Benefit of Doubt line (BOD) at 1227PM
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