The likely catalyst for a correction in the SPY will be a break below this trendline along with QQQ breaking below its comparable 60-minute trendline / bearish rising wedge pattern. QQQ is starting to move below its bearish rising wedge pattern following what appears to be a small bear flag continuation pattern. If so, we should soon begin to see impulsive selling which would help to confirm the breakdown along with a breakdown in the SPY. A 60-minute close below these uptrend lines/wedges on both the QQQ & SPY would sharply increase the odds of a tradable correction in the markets.