SPDR S&P 500 (SPY): Primary trend is still down. MVV added...

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Monday, 07/07/2008 1:00:41 PM

Monday, July 07, 2008 1:00:41 PM

Primary trend is still down. MVV added another red box today..and if it closes at or below the present level will indicate that there are not enough buyers yet at this price level to reverse the trend. Just sit back, scratch, and close your eyes for awhile...the price will tell us when things are different.

http://stockcharts.com/h-sc/ui?s=MVV&p=D&yr=0&mn=6&dy=0&id=p64107152872&a=137225579&listNum=1

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