Has A New Short-Term Downtrend Begun? By: TalkMarkets December 07, 2024 at 15:39 PM EST It looks to me as though the market has started -- or is near to starting -- a new short-term downtrend, with the PMO index ticking lower. Read More >> Related Stocks: Invesco S&P 500 Equal Weight ETF JNK Nasdaq ETF iShares S&P Software Index Fund iShares Trust S&P Semiconductor Index Fund