In to the Close

 SPY major support level just taken out by a bit.

 Here's how the 1 min chart has responded. The bottom red trendline is the daily support I showed you above.

 SPY 5 min has stayed pretty positive.

 If the SPY can get back above this level, it should cause a short squeeze.

 Here's the same level on the DIA, also just barely taken out today.

 The DIA 1 min chart's reaction

And the 5 min chart's reaction.

As mentioned above, if the SPY can get back above that level on a close or tomorrow a.m., it should cause a decent short squeeze. At that point, you'll want to be watching the top pattern stocks I just put out, any strength in those is where I want to look at getting short, either phasing in or jumping in. They are all in good position and I believe al option-able.