We need supply (near 260-255) to hold and create a bottom, before it makes an uptrend. Price has to go down at least one more time before it can create that bottom or a reversal pattern (if at all). If this target (260-255) is broken (i.e. support is broken) look for a bigger fall.
Plan all other trades based on SPY chart.
Plan all other trades based on SPY chart.
Trade closed: target reached
