I think we may have seen the bottom in SPY, judging by the action in the last couple days. The market had reached the peak of a weekly signal, and after time ran out for the projected advance started a steep correction until now. Sentiment has peaked apparently, and we could be seeing a turn around in bonds, oil, and VIX. Keep in mind we might be consolidating, and moving sideways all year, which is what long term (2 month bars) Time@mode signals imply, and which also aligns with fundamentals here overall. Despite this, the market is supported, and a larger decline is not likely to happen. I hold larger positions in metals, and miners, with some exposure to oil, Euro and SPY here.