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Fed Cuts .50 basis points and market sells off

SPDR S&P 500 ETF TRUST (AMEX:SPY)  
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AMEX:SPY   SPDR S&P 500 ETF TRUST
Trend Analysis Chart Patterns Technical Indicators trading Stocks ETF etfs exchangetradedfunds exchangetradedfund
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trendanalysis chartpattern indicator trading stocks etf etfs exchangetradedfunds exchangetradedfund
We give our comments on a short term chart on the SPY and what level needs to hold and what happens if it doesn't hold.

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What we're looking for to suggest a bottom is in!
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