Here are the 60-minute charts of SPY & QQQ which are backtesting those minor downtrend lines from above on this late-session pullback. My preferred scenario would have the indexes reversing here on the backtests of the downtrend lines or the uptrend lines, which are slightly below, with another thrust higher to the next resistance levels/targets shown on the charts below. Being that we are heading into the weekend, I will study the charts further & wait until next week before adding any more official trade ideas, including the index ETFs.