$NYA daily closes chart has improved significantly with the Thursday and Friday closes, ending July 6, 2018 * bears need the indicators to continue to decline , or no traction to the downside by price action will be probable for the overall US equity market 200day ema - 5 daily closes were achieved below this moving average in late June/early July before price action recovered its now brief upward path http://stockcharts.com/h-sc/ui?s=%24NYA&p=D&yr=0&mn=5&dy=0&id=p73734420169&a=428891253