SPDR S&P 500 (SPY)

[Neutral Man]

The 13sma is above the 21sma and this is NEVER Bearish thing!!

Date, 13sma, 21sma, 34sma
6/14/10 45.18 45.35 46.50
6/15/10 45.37 45.34 46.42
6/16/10 45.45 45.33 46.35 13 crosses above the 21
6/17/10 45.56 45.36 46.26
6/18/10 45.70 45.41 46.19
6/21/10 45.73 45.51 46.09

We expect price to stay above the 13sma on a closing basis, hence, 45.73 is the lowest close we could expect and it's in keeping with the R1(45.57) in regard to Solid-Support!!