SPY Breakdown Reversal out of Megaphone Pattern

SPY has been in an erratic uptrend since October. on the 2H chart,

It is now in a megaphone pattern with more touches of the lower support

trendline than touches of the upper resistance trendline.

This suggests a breakdown out of the pattern.

The MACD shows the lines below zero and the MACD about to cross under

its signal.

Price is about to break under EMA200 which may be considered

a support and so the initiation of a downtrend out of the pattern,

This appears to be a good setup to short the SPY or buy put options

all while waiting federal news later this week.