SPY double top is throwing a bearish pattern
Watching as SPY is giving many bearish signals.
1. Double top
2. if not a double top then we are seeing a Lop sided Head and Shoulders with the neckline broken
3. Lower Highs
4. Death cross coming close on the daily chart.
5. Bearish Channel setting in.
6. About a 10% correction from highs. This is major support and needs to be paid attention to.