SPY will find support around summer of 2013 levels.
Comments
Kumowizard
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Yes, likely. But no one should be surprised if we see a pop up first to 1925 bearish key support. Mkts have become extremely oversold short term. Unless there will be an '87 type of krach sooner, but that's a black swan.
A-shot
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As tim noted, might be a good idea to sell now, or a better idea to sell on any pop.
metaldome
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My hunch is it just found support on the big pin bar which is at a support and along a rising trend line.