future SPY failure to hold above 263.76 horizontal increases the probability of a lasting price decline the daily chart below plots the 200-day sma and the 21,2 BB for 6 influential symbols ( ACWI = the all country world stock ishares ) 268.01 = the minimum must hold above level for any lasting price advance to occur * SPY bears want the RSI-14 to remain below the 40 level , marked with a red horizontal line http://stockcharts.com/c-sc/sc?s=SPY&p=D&yr=0&mn=3&dy=0&i=p60722690912&a=585382102&r=1522074278321