Over the last month, we have seen the first real signs of risk coming back into the SPDR S&P 500 ETF (NYSEARCA:SPY), largely due to fears of an economic slowdown if the Fed were to put the brakes on its endless supply of quantitative easing.

sellbuy Since mid-April, one of the strongest industry sector ETFs in the market has been Market Vectors Semiconductor (NYSEARCA:SMH).

Below, this is annotated on the daily chart of S&P 500 SPDR (NYSEARCA:SPY), a popular ETF proxy for the S&P 500 Index: $SPY nearing its 50-day moving average. Typically, the first pullback of a stock or index to its 50-day moving average (following a ...

ETFs David Fabian: Exchange-traded funds have revolutionized the investment world over the last two decades by providing low-cost, diversified, liquid,and transparent offerings to everyday investors.

If you look at a one-year chart comparing the SPDR S&P 500 ETF (NYSEARCA:SPY), SPDR Gold Shares (NYSEARCA:GLD), and the iShares 20+ Year Treasury Bond Fund (NYSEARCA:TLT), you can see that stocks have clearly been the winning trade.

Here is another chart this morning highlighting short-term levels to watch on the SPY chart. This morning the SPDR S&P 500 ETF Trust (NYSEARCA:SPY) is set to challenge short-term Resistance 2 at $163.81 in the pre-market, let's see if it can push above it.

All major averages continue to hold above their steep, short-term uptrend lines. The daily chart of the S&P 500 shows the price action in a strong uptrend, especially since breaking above 1,600.

technical chart look Thomas Carreno: The S&P 500 (INDEXSP:.INX) on the long term charts is at a potential turning point.

You can see the full �Breakout� segment below: Related: SPDR S&P 500 ETF Trust (NYSEARCA:SPY). NYSE:SPY. Tags: NYSEARCA:SPY.

You can see the full �Breakout� interview below: Related: SPDR S&P 500 ETF Trust (NYSEARCA:SPY), SPDR Dow Jones Industrial Average ETF (NYSEARCA:DIA).