SPY break to the downside of the rising wedge - next levels

SPY's rising wedge is not broken, more downside ahead.

The next levels to consider are:

• fib retracement level 0.382 at $264.31
  
• then, a major support line in play since 2016 at around $258
  
• finally, another fib retracement level 0.236 at $246.65