diff --git a/strategies/advances-and-declines/README.md b/strategies/advances-and-declines/README.md
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--- a/strategies/advances-and-declines/README.md
+++ b/strategies/advances-and-declines/README.md
@@ -34,4 +34,14 @@ Advances refers to the number of stocks going up in the index (e.g., S&P 500) wh
 
 The default settings specify a declines / advances ratio of 2 : 1.
 
+## Backtest Results
+
+### SPY
+
+#### 2:1 Advances : Declines
+
+![SPY Advances Analysis](https://static.moshington.com/images/strategies/advances-and-declines/spy-advances-analysis.png)
+
+![SPY Advances Summary](https://static.moshington.com/images/strategies/advances-and-declines/spy-advances-summary.png)
+
 ---
\ No newline at end of file
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