SPY weekly closed at an interesting spot. Price is right at the 61.8 retracement of the 2018 meltdown and RSI is right at 30. Highest volume in weeks - notice how volume picks up at prices that have historically shown high volume. Wouldn't be surprised to see some chop in this area (large, volatile chop) similar to what we saw in the first half of 2018. Will be watching RSI closely. A weekly close below where we are now (technically it's already below 30), and I think we could see the 2018 low taken out.