Bearish Crab (Purple) and a Bearish Buttlerfly (Aqua) has formed on SPX 500 CFD. For conservative traders, taking the butterfly pattern for 2 targets at the 38% and 68% level and no further than 1885..Strong support on the daily at X I will be taking the Crab pattern. The crab pattern is not only visible on the 4hr chart but on the daily as well.