In September when one big red candle undid the previous five days, SPY fell about 25 pts. You can see the daily resistance line in my previous SPY post, linked. Market tried to hold over the line and finally gave up yesterday. There was volume on the selling as well, with a steep RSI drop (like Sept). Usually there is bounce on touch of the 20sma (green dashed line), and if we move lower, you can see three support areas in red. The lowest is near the 100day sma.