Expecting a gap down on market on monday open, if holds, I expect to retest 2600 levels. Go long if 2130s holds.
SPY has a repeating double top pattern to the early 2018.
FAST, big gap up on the last ER. just touching the trend line, all the ma's pointing down. Earnings on Wed premarket. Looks bearish at the moment, can fill the gap to 50. The sell volume on the last 2 days is 1.5 times the average, not a good sign before earnings. Price increased only in the last ER out of last 5 ERs. Generally decline or no change within a day or two.