Eye On Upside Reversal Signal in SPY

SPY-- My remade BIG Picture SPY Chart overlaid with the 20 and 200 DMAs (still on a major sell signal) shows what my work considers a completed partial corrective process at the 410.64 low on 2/24/22 followed by an incomplete intervening recovery period. 

My pattern work argues that as long as 410.64 remains a viable pullback low against the current downleg from the 3/03 recovery high at 441.11, I am expecting an upside reversal signal to emerge from above 410.64 that triggers a powerful second recovery- intervening- rally that revisits the 441.11 high (and possibly to 443-445), prior to rolling over into another downside corrective phase that presses SPY down to 385 to 380. 

As we speak, SPY is under pressure, making new lows at 415.39 off of last week's rally peak at 441.11... All eyes on the form of the next intraday rally pattern, provided it is ABOVE 410.64... Last is 415.97... 

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