I had a strong thesis here regarding the ~264.3 key fib level which coincided very closely with the March 31st (tuesday) move. On this day I loaded a heavy positions into SPY puts at around $263 due to this. Although SPY's secondary downtrend lines were easily broken, SPY's primary downtrend line (most extended) coincided perfectly with the 61.8 fib level I marked this in the red circle. This trade panned out well with 70% gains today (april 1st).