SPY

Notes on chart, but.. in short, I anticipate this to be the short term topping pattern. I would be surprised if we proceeded to the 50 ma (263ish) at this time, and instead looking at 1/10 as the top and expect a move back
to the 20 ma on loss of support of the 5. IF the 20 can hold as support and start to round up, then I would be more inclined to look more positive on a base. At this time, I am not convinced but will just stick to plan and stops
accordingly. Just my thoughts.