SPY - hows your enthusiasm? E-MINI S&P 500 FUTURES (CONTINUOUS: CURRENT CONTRACT IN FRONT) CME_MINI:ES1! DHLawrence Good Afternoon! The markets motions are as fascinating as ever today! I see a reasonable case for this historical correlation / projection. MACD and RSI are behaving similarly right now as they did at the red arrow as well. Of course, we are in a continuing bull trends until this breaks. We would need to see a new lower low or something like that to confirm this.... and as you can see it can happen very abruptly. Good Luck.