Image Source: UnsplashThere’s no doubt about it. The broken trendline in the S&P 500, dating back a full ten months, is the crucial dividing line for the markets. It held fast all day on Friday, in spite of multiple attempts to bust it.The longer view:More By This Author:Buy Precious. Short Stocks.Discover OUNZ: The ETF That Lets You Own And Receive Physical GoldKey Index Gaps