Right now SPY is testing 1st on the Fibonacci , and (15,3,3) is giving a sell signal and becoming more oversold. If the current support doesn't hold, SPY could be headed towards 196.12. Also the last 2 candles were . If tomorrows candle is also a candle, that would form a pattern which is very . As well the is starting to turn negative after previously indicating a possible reversal.