Weak trend, still bearish.SPY testing at 280, unsure if it can break or not. Just like everyone is speculating, if the deal with China gets done then we'll most likely break 280. If it doesnt get resolved, one of two things: keep testing at 280 for a long period of time or starting downtrend to 260 level; if not a massive correction. Death cross coming up in 1 hr chart if downtrend does continues from 280. That's one another signal to keep in mind.
