SPY - Will the bears do it again ?

SPY, we are near this trend line where the market reversed 2 times in the past after a bearish weekly candle... I posted a chart of SPY 2 weeks ago with a level of 350.90 for the measured move target and it lines up nicely with this trend line. Even though I am always more bullish than bearish, I think it is a good time to be careful. Trade this at your own risk, cheers!