Yesterday, report showed import increasing 5 times faster than export in China, which government didn't like. Remember this, China is the biggest US bond holder.
As i show on SPY , the bull signal would be on upper blue line, but it is in a long period neutral. In my opinion, DJI or SPY did not perform will for long position holder.
IF SPY IS GOING DOWN UNDER MY DOWNSIDE BLUE LINE, YOU NEED TO TERMINATE YOUR LONG POSITION