SPY - My perspective: Vectors and fractals E-MINI S&P 500 FUTURES (CONTINUOUS: CURRENT CONTRACT IN FRONT) CME_MINI:ES1! DHLawrence Good Morning, I see this bearish (orange) scenario more likely based on the chart... it would be the healthy option for the market. We can alway pivot Bullish and test the top resistance vector again too... (green) If it goes bearish to complete this wave, it could also keep going into a larger order correction... that's the epic crash people keep warning about... going below the white dashed arc. This orange movement seems to be playing out quite predictably this week. It also lines up well with the Fib levels... Watch the fib levels and support vectors for signs of reversal. Keep an eye on the oscillators to see if those levels will hold or not! Excited too see how it evolves today! Good luck!