SPY - What if that shooting star wasn't there? E-MINI S&P 500 FUTURES (CONTINUOUS: CURRENT CONTRACT IN FRONT) CME_MINI:ES1! DHLawrence These are the best fits I can find for a bearish scenario on the SP500 ... The only problem is they don't account for that huge peak (turquoise arrow). If it was a single candlestick , it would be called a shooting star , and it would be a pretty strong indication that a reversal is underway.