SPY Pull back into another earnings week?US SPX 500OANDA:SPX500USDkolade_ouAn engulfing weekly candle is no joke. Sellers are in control. There is a strong possibility of a pull back and with bias being short, I am looking for a strong LH on the 1/2HR TF to form at 6330 as 50% or 6370- 6375 near the weekly POC. Confluences for Pull back scenario - Price bounced off 38.2% fib from 5930 to ATH - Price found support at 200 ema on 4HR - 1 HR MACD is building up bullish signal Have a great week all!