Replies to post #59064 on SPDR S&P 500 (SPY)

[GLENO34]

Sorry to report, but the 30 min volume bars have grown shorter with each new update...

[learningboutinv]

I guess we'll have to see if we can break that downtrend line on the 15min chart. Without a break of that DT line, we're still in a downtrend for the ST which is around 43.55ish.

In terms of IT. Yes, I have been using Leftyg's Renko charts, and I do trade off of it which is saving my butt on the ST trade since I am slightly more short than long.

QQQQ's using an .8 pt/brick is still in a downtrend. QQQQ will need to get above 45.60 to reverse and print a green brick at the close of the day which I doubt it'll do but you never know.

http://stockcharts.com/h-sc/ui?s=QQQQ&p=D&yr=3&mn=0&dy=0&id=p34570960094