Right now SPY is testing 1st Support level on the Fibonacci Pivot, 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 engulfing. If tomorrows candle is also a engulfing candle, that would form a 3 black crows pattern which is very . As well the is starting to turn negative after previously indicating a possible reversal.