The built in price for SPY this week is $8.50. We are approaching that one standard deviation move. If we drop another $8.50 by Friday expect to see the next lower high show up. Looking great. Lets goooooooo Tank this baby! Lets go! Lets go! Lets goooooooooooooooooo! Things are going to be really ugly for the bulls in the coming weeks and months. And remember, that blue arrow does not show the final place SPY is headed. Just the direction. If you pay me about 20k, maybe I will give you the real spot its going.