These are the M30 & M60 charts of SPY. Ichimoku in full bear mode as is MoneySpy.
EW count appears to be a bottom. Take a look at Kenny's charts for an EW count.

If the M30 or M60 chart turn Bullish I'll try to post an update. But I doing backups in preparation for Windows7, and it's taking a lot of my attention away from the market.





Analysis presented on this Blog has only informational, and educational purpose, and does not represent a proposal for buying or selling currency contracts.