Both the $BPNYA and $BPSPX triggered a sell signal on their respective Renko Chart. The last time they had a sell signal coinciding was on February 21st which corresponded with the small shake out over the next few sessions. Tomorrow is a Fed day coupled with the third trading session after news of Cyprus as well as the first day their banks will be open (maybe?). It's been Fed policy to do whatever it takes to add liquidity to the market and the conditioning thus far has been to buy the dip so we'll see if intervention continues to trump market breadth.
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| $BPNYA |
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| $BPSPX |
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