Still new to this, but bare with me. I think with RSI and the MFI showing a cooling off it could run up before next week.
This looks like a reversal on the 1 day huge movement. And it seems that the price action is telling us $16.00 then off to the races.
So I'm new to this publishing but here is my chart I see SPY moving down in the first 1hr of trading. Its already fell passed where it closed this morning.