SPY local/short term price action 1H

SPY

Taking a look at the SPY here on the 1H time frame

we see a couple potential bearish patterns here with the rising wedge and the bear flag

both potential patterns would indicate more downside potential in the near term at least

just a quick look here but still room to the downside potentially towards that 350 level

what's everyones thoughts on the market right now? been pretty range bound for a while so a large move could be due sooner rather than later imo

Happy Trading!