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The next harmonic pattern is bullish

AMEX:SPY   SPDR S&P 500 ETF
Bullish Gartley completion near 206$ support zone .
Assuming we will have a red opening (at least on futures ), $SPY may end up below the 208$ support zone and near 206$ (which is another support zone ) and near the 200 SMA line.
So far the 200 SMA line was broken only once since 2012(!) so if you are bulls and you are looking for bullish opportunity, 206$ can be a level to watch. Especially with harmonic pattern completion.
A breakdown of this zone could mean major shift in trend.

This setup is part of the Weekly Markets Analysis - http://marketzone.tumblr.com/post/122669685060/the-weekly-markets-analysis-the-peak-of-the

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