Chart Talk {The Long View}

Here without much extra comment is a monthly chart of the S&P 500 ETF {SPY} going back to the mid-90s.  Notice that longer-term trendline {in green} going back to the lows in 2009 has remained intact all these years even during market sell-offs.  

Chart is from Tradingview.com although the annotations are mine.  You can double-click on this chart to make it larger.

*Long ETFs related to the S&P 500 in both clients and personal accounts.  Currently short SPY and ETFs related to the S&P 500 in a personal account related to an options strategy not employed in client accounts.  We reserve the right to change these investments without notice on this blog or via any other form of verbal, written or electronic communication.