SPY 294.55 = 20-week SMA as of Friday's May 22 close SPY weekly - http://c.stockcharts.com/c-sc/sc?s=SPY&p=W&st=2013-08-26&i=p72485332110&a=369089730&r=1575299426346 * bulls must defend the 20-week SMA during future declines 284.02 = SPY 15-week SMA and this moving average continues to decline