$SPY if this opens up in the morning short the first profit target zone which is 197.17 I believe and the next is around 197.60 . Major RES
All I can say based on yesterday’s ugly candle & the behavior of all indices, we'll head lower today and next week, maybe reach 1820 $SPY
$SPY US markets look like they may have a bull trap at open. Good chance to short if it opens in the green.
When the $SPY and $QQQ are diving, this is the best time to $STUDY, watch all those base resets take place, be short a bit to feel exposure.
$SPY closed down 0.03 percent on Friday, September 25, 2015, on approximately normal volume. Due to the stock's strong downtrend, its oversold condition may remain that way and should be discounted.