Probably it's the last chances for bears for a 2nd leg down. Strong up from here then it's a measured move up. Down from here then it's a diamond as continuation pattern $SPY $SPX $ES_F http://bbs.cobrasmarketview.com/viewtopic.php?p=321604#p321604
Rising wedge so bears still have some hopes although most bear patterns simply don't work. While I was drawing the line, it already broke down but not a good bear follow through to confirm the breakdown $SPY $SPX $ES_F http://bbs.cobrasmarketview.com/viewtopic.php?p=321610#p321610