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4 reasons for a downward trend continuation.

SPDR S&P 500 ETF TRUST (BATS:SPY)  
maxEntropy  
BATS:SPY   SPDR S&P 500 ETF TRUST
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1) today's volume of the "engulfing" bar is low,
2) today's high and close price bellow yesterday's close price,
3) today's close still below trending line,
4) today's close still below leading line.
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