SPY:
In my opinion the SPY has made a bottom. I think that the recent sell-off was purely geo-political which means that the SPY is going to go back to the 50dma. I do not see much more action for the spy. I think we will go back to the days were we only see .25% intra day ranges. I think that this is the case at least until the next big market catalyst, whether it is positive/negative geo-political news (such as Russia taking troops off the boarder or actually invading Ukraine) or comments made by the Fed remains to be seen.