"I'm Just Winding Up My Spring"
SPY 30 Day, 90 minute - 5.24.11 - Trend is Down. Consolidation has been the Pattern the last few days. Energy is Building for a Breakout witch could be Explosive with Acceleration. Price Action is Below the 50 Day Moving Average.
SPY 10 Day, Hourly - 5.24.11 - Chart displays the Consolidation Channel. Breakout could go in either Direction, but the Recent Trend has been Down.