SPX500/SPY bear flag formation, ranging

SPX500 is ranging on the timeframe pretty nicely
The channel is very much present
On the daily timeframe, looks like we forming a bear flag (Price is going up, volume is decreasing on Daily = Bullish momentum slowing and bears coming)
Chart PatternsFlagSPX (S&P 500 Index)S&P 500 (SPX500)SPDR S&P 500 ETF (SPY)
LAIC_Miz

Penafian