User: Nf6: Short Term Trend: $SPX
SPX daily with 3 and 10 EMAs (5/31/13)
The 3 day EMA has crossed the 10 day EMA and we have started a short term down trend. The market needs to break the last shot term low in the 1623 area. I'm looking for a low to be established and see how the high at 1687 is defended.