The predominant trend has not yet shifted to a down trend yet

http://www.stocktiming.net/?p=3586

Today’s update is as of last Friday’s close … The predominant trend has not yet shifted to a down trend yet as seen in the chart below that shows 5 key indexes

The Institutional Index, the SPY, and the NDX./QQQ, were above their  horizontal resistance/support lines.

The NYA and the IWM were below their thick black horizontal resistance lines.  (The IWM did lose ground since last week and needs to hold this week.)

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