SPX sneaks out…

http://stockcharts.com/h-sc/ui?s=%24SPX&p=D&yr=0&mn=6&dy=0&id=p09524411098&a=266398464 So far we would call this a sneakout rather than a breakout, but it is progress.  Whether or not this marks a surrender by the bears or not is…

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Assessing the damage…

  http://stockcharts.com/h-sc/ui?s=$SPX&p=D&yr=0&mn=6&dy=0&id=p83257770514&a=266398464 The feb trendline and the apr trendline are well broken and we are seeing the consequence of that.  What we are not seeing yet is the impact of…

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