200 SMA strong support
Eight out of twelve trades were loser. This is one of the worst string of losses. When this happens, a string of good trades is around the corner.
200 SMA should be a good support for a bounce.
Seasonality looks mildly BULLISH.
The followings will trigger if SPY closes below 190,54:
BULLISH PATTERNS: 54-95-165-202-301
BULLISH SYSTEMS: 199
If the above rule triggers, I will enter LONG at the close.