IM 50/50 on SPY as of now. We are sitting on the 0.618, with a high probability chance of bouncing. The 0.786 could also be looking good, thats where i'll begin buying calls/shares on the SPY. Worse case, SPY comes down to $420.66, which would be my personal stop loss. I think SPY is bull into next month and into the rest of the year.