SPDR S&P 500 (SPY)

[trendzone]

It's been in a down trend since April because of the many small stocks in the Russell, that the criminals of Wall Street, the many hedge funds,and others, who can easily target and short, and then naked short them into submission, with out letting up on them, and keeps them from rebounding,unless there is a string of really good news in the small cap sector to do so, it's at its all time lows, on the charts it would need to first get back above it's 13 day EMA of 13.35 and then it's 48 day EMA $16.95, on at least or close to double of its average daily volume, to reverse the down trend, the criminals of Wall Street tactics for the past many months was to short the piss,,,,,,, out of the small cap stocks for the past six months,and use the profits to fuel their fake paint job of the S&P 500 with their pumping of the so called magnificent seven stocks,because they were the largest weighted in the index,and would be able to pulloff the big fake run up,that has now succumb to the reality of there are just too many issues out there, for months now to put an end to that BS, many of the so-called market experts do think that since small caps are so beaten up, that they expect some kind of decent bounce in them at some point, but inflation and interest rates would really have to have a much bigger reverse to get that bounce started.