June 1st, 2017 Update: The C-Fund (SPY) broke out of the sideways trend established in March but it’s a bit too early to tell if it’s sustainable. A 5-6% downward correction is still highly probable. The coming weeks should provide additional clarity.
Chart Courtesy of StockCharts.com
The C-Fund is invested in the 500 largest publically owned companies listed in the S&P 500 index.6