Just a quick midday observation.The SPY has for the moment at least found support at 275 and/or at the 200-day moving average.Currently above the 200-day MA, which is very important to traders and their 'computers'.The Stochastics are oversold and show signs of possibly crossing back to the upwards direction.Also noticing we have had 3 days of higher lows now, 270ish, 272ish, and 274ish. A good sign.Disclosure: I may trade in the ticker symbols mentioned, both long or short. My articles represent my personal opinion and analysis and should not be taken as investment advice. Readers should do their own research before making decisions to buy or sell securities. Trading and investing include risks, including loss of principal. If you liked this article, please click the LIKE (thumbs up) button. Feel free to leave any comments, question, or opinions. Follow us and check back occasionally for additional articles or posts.