We will see a lot of similarities tonight amongst the Mega Caps in the Top 20 and the $SPY chart.
All have lost their 200 Day MA and looking like the ABC correction is a firm possibility if the 200 Day MA is not retested next and flipped to support.
200 Day MA is at $177 here, which is the same level I have the Wave B level at too.
I suspect a bounce will come here shortly to test the 200 Day MA $177 along with the market.