![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgBzYLpJ9yzpexmSZ5nSbke5UdDLJZULdLIGwjRxTTBxQt-GLqhBIad6ZQHFsd4BQIJ-bjpv9nqnWI7vcKtC-54CtwbBm0vJzeKqjmcBHU7eiw7Je6gh67aL6RkcAf0YKSt7FffmEhpPn2u/s320/$SPX_trendline_19-03-09a.png)
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjKBa9R7WuFydlkBOeZJ2tbs_t7ibEkLSTwqBbC7epCR2sK6X2yR7OoBrrTtJuBwsrOjoOUe79Jwddt1Jvlq-cl6OcEUGqBbO1Jrc7-SCJYmAsCX2dUFDnZO_TWn5I4YWuKLfNsylqn2FqJ/s320/$NDX_trendline_03-19-09.png)
Two charts here, you can see the proximity of a crossover on the $SPX (top chart) and the trendline penetration and possible reversal on the $NDX (bottom) chart. Of course it ain't cooked yet, we need follow through to see if the market really reverses back down here...Have to wait and see...
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