Past performance isn't an indicator...until it is haha. Until it keeps replicating the same patterns over and over again especially with the same type of fundamental factors playing out at the same time over again like planned rate hikes and such things. This is Based off of rsi and trend lines moving averages and double bottoms and tops. Their is also a triple bottom or top Indicator showing an even stronger prediction of trend chance which I think could be forming. An overal large triple bottom to blast the spy off into space to new highs. The failed double bottoms (W's) I drew out to turn into double Topps (M's) leading to downturns. The Date is marked for the next fomc meeting where we are expected to get the very first lowered rate hike of .50 instead of .75 where I'm hoping will be just what we've been waiting for. Although from what I've seen all year I'm not going to get my hopes up that confidently. So this shows a short term bearish sentiment to overall very bullish long term sentiment.