SPY 4HR

Since two times rebounds failed to arrive 180, I think SPY might drop to 175 sharply on Monday. From there, I hope a decent rally to 180 because it would arrive at 250 MA( the purple line) area of the correction. The 250MA of 4 hourly SPY chart is the strongest support line during 2013.

If SPY rebound to 180 with big volume at the same day, and then we can expect a higher goal to 182ish. However, I think the market will down more after that. Let's see.