(still LONG with CAUTION). SPY is still within the upward channel and above the 50MA. Fisher is diverging from price but still above mid -point. Currently SPY is at a critical area, just above the 50MA, close to bottom of channel, support 1 and the .236 Fib. level. Failure to hold these levels could see SPY fall to .382 Fib level and or s2 short term.