Price was not able to recover from the fill and has come down quickly to measured support in the low SPY $115 level. Internals are still quite bad, but I expect that level to provide decent immediate support, which seems to be seconded by a completed relative volume spike

Related posts:

  1. 10.04.10 – Down Monday?
  2. 12.31.09 – Morning Slide to Support
  3. 08.18.10 – Five-Day Provides Support, Flattens
  4. 11.19.09 – Comeuppance vs. SPX 1,090 Support
  5. SPY: Support & Resistance