SPY/EURUSD Spread

Here is a look at the SPY/EURUSD spread chart. What we can tell from this chart, US markets drop is more significant when compared to EURUSD. You can also find hidden supports/resistances on spreads that you might not see with the underlying position such as SPY or EURUSD. From the spread chart we still have a open gap with significant support. It's possible we meet this support in the near future.