Home Depot has bounced from the EMA 50 like a "Jack in the box" repeatedly. The last 3 have been synchronous with SPY lows. The PPO 50 has also bounced from 7% for HD except recently it has broken out to a new high. images.investorshub.advfn.com/images/uploads/2015/2/21/hjiztHD_(Daily)___SPY_(Daily)__10_21_2014_-_2_19_2015.jpg