AMEX:SPY SPDR S&P 500 ETF
We have a leg start all the way back from 1995 that has not been tested. All of the other significant leg starts have been tested over the last two crashes in 00 and 08. Each time during distribution, immediately prior to the leg down "crashes" both and flashed warning signs, showing divergences. I've drawn some levels of significance. 46 is probably going to get tested, which I hope isn't the end of the world as we know it.