Here is the update on the S&P 500 folks we continue to see a down trendline respected very well, the question is how far will the S&P 500 go for the last month of the Year? According to some folks say we might have a SANTA RALLY based on history while some argue that " No Santa Rally, Stocks could soon retest their low". The bottom line is no one knows what exactly is going to happen time and price will tell.