A break & 60-minute close below this trendline/price channel on SPY in conjunction with a break below the comparable uptrend line on the 15-minute QQQ chart will likely be the catalyst for a move down to the 232 support level & ultimately beyond while a break & 60-minute close below this trendline also in conjunction with a break below the comparable uptrend line on the 15-minute SPY chart will likely be the catalyst for a move down to the 127.75 support level & ultimately beyond.