SPY update

 Intraday 5 min chart of the SPY showing a Head and Shoulders top pattern. You'll note that price action can be very fractal in nature.

 5 min 3C in the H&S formation

 30 minute 3C

15-minute 3C

It look like there's a small positive divergence suggesting a possible bounce. It can also be seen on the 5 min chart if you look closely.