$SPDR S&P 500 ETF (SPY.US)$ Weekly and Monthly RIS is around...

Weekly and Monthly RIS is around 70 which makes me thing we could see some bearish movement either tommorrow or soon. here are my 2 possible scenarios. right now it seems it rejected that 4HR supply 536.06/536.25 which could push this back to that Monthly support 533.07 where we could find some buyers and push to retest 534.71/535.23, 536.89 and with enough volume test 539.07/539.58 and maybe 541.25. Me second scenario a RSI reset to push this back to 533.07 and if this level does not hold then sell off to that 4HR demand zone 524.35/524.76 which also coincides to .50/.618 retracement before the next leg up.