SPY topping 4235-4403 before downtrend continue?

Strong Downtrend (Line B) Confirmation: fib extention of 1.414 line A

Expected Lower Higher (LH2) formation

: fib extention of 1.414 line Z at 4320
: fib retracement of line b
0.618 at 4235
0.750 at 4367
0.786 at 4403
:Challenge MA 200 at 4310

Break LH1 of 4611 to continue bull trend