SPY Ready to reverse?

Good Evening trade king, Now tomorrow determines it all be ready for the fed meeting at 2Pm



Now this are all the possible probabilities okay we could go up to the 142 level but I do believe we have reach a top at 139.10 at the 78.6% retracement at the top of the wedge from the high's of the top of this year. Now if we could break tomorrow at the 137.03 lows we should break to the 127.37 by next week. Now how do i Know this is a possible top because many of trading barometers I use such as the Dollar or more specifically the EUR/USD. here is Weekly chart of the EUR/USD

 

Now this is the weekly Euro chart with a 6P H&S pattern with neck break until the 114.56 level to be exact on this measurement which should make the dollar rise and the markets break down. Know the inverse correlation between the dollar and the markets. Now one more chart that I want to go over is JP Morgan Chase remember Financials lead the markets. So JPM leads the XLF leads the IWM leads the SPY leads the DJI Ok remember that when you trade.That's called market internals. 



Now we have major resistance at the 200 SMA, Gap window and top wedge trend pattern on low volume up trend price. Okay so its very weak chart now JPM usually leads the markets about 3 day count so we should see a similar reversal on the markets by tomorrow. Remember news is already price in if you would have seen a QE3 this banks would have been align for a major Upside. 

Now trade cautiously, this is not the markets to be don't stupid moves you have to play smart and follow the charts not the news. Good luck all and always know you're risk and reward.