If You're Bearish on SPY, Here Are Your Potential Targets

Some people think we will see a big sell off on the SPY, I think also we will see some selling pressure increase, so here are some targets to look for as sellers maintain pressure. I would look for bull divs on the daily time frame to play any short term bounces. You want that EQ of the channel to hold if it does go back into the trading range. If it breaks, look for a bounce from the bottom of the TR. But if we fall back in, I remain bearish and I will look for a long term target (blue line). This is not financial advise. This is for me, personally.