RHTrading

SPY: The ways I see this could Play out - Bearish Scenario

RHTrading Updated   
CME_MINI:ES1!   S&P 500 E-mini Futures
That support really needs to hold on that wedge.

Wave pointing down.

Indicators Breaking down.

Barely hanging on to the edge.

Coming out of a big W. (Gartley)

If there's a clear break of those lows, could be bumpy.
Comment:
Time cycle wave should be bottoming any hour here

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.