Markets are down substantially on another tech wreck situation. Apple is just killing us.The SPY charts are pictured below. The first is a 4-month chart followed by a longer-term 9-month chart. The markets are much lower on Monday. The MACD lines are now neutral/flat. The Stochastics were overbought and have come down to neutral. The Money Flow is positive. I still have 270 as the support level and 280 as the resistance. The money flow has improved, which is a good sign to me. The MACD has bottomed, but still low/neutral. We are back above the 200-day moving average! We still may have some weakness to deal with. I previously thought the correction was over, but a retest of support seems to be needed now. Will stick with my 270 level as the floor.On the 9-month chart, the nice channel since April has been shown. This trend/pattern was broken to the downside. Awaiting the emergence of the next pattern. The 270 line is support now. Possible resistance maybe at 280.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 comments. With our Daily Trackdowns, additional analysis/observations during the trading day in the comments by us or our readers.