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Banks-And-Tanks

Possible Counter Downward Channel forming

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SPDR S&P 500 ETF TRUST (AMEX:SPY)  
Banks-And-Tanks  
AMEX:SPY   SPDR S&P 500 ETF TRUST
Trend Analysis S&P 500 (SPX500) SPDR S&P 500 ETF (SPY)
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trendanalysis spx500 spy
Orange Channel shows SPY downward channel similar to 2000 and 2008 channels. If SPY finishes above orange that will null out the short and possible continuation of the upward channel.

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