It looks like October will be an ‘up’ month for SPY.  RSI is 63.7 with upside to 70.  The OEXd 4dma shows at least a week of run left.  The peak price is the day of the Fed meeting or 1 day after whichever is the ‘up’ day. SPY will peak in the 175-176 range on Oct 30 or 31.  The Fed will send signals about improvement because SPY will be at a high.  This will send SPY down through November. So November will be another low perhaps 166 by the 3rd week. It may hit the 200dma at 163 but unlikely.

Oct/Nov Setup:

1) SPY rises to Oct 30 or 31

2) SPY falls from Nov 1-25 (5days after Fed minutes)

3) Christmas Rally from Nov 25 to Dec 18 (Fed Meeting).