Higher t/f

Looking at the higher time frame Daily chart of the SPY.
The 3/10macd is indicating a potential 2b short setup (fast line has to tick down) with a 3-push pattern.
Either we get a bullish day which initiates another cycle of buying higher, or we get a bearish rejection candle leading to a corrective move lower (would confirm with the fast line closing red on the 130-min) and may even lead to a breakdown of the purple trend line on the daily chart.
(Upon looking at this again I believe it is mislabeled.  The 2-push should be moved over one hump to the left and the "3-push" should be located where the "2-push" is).