A price extension off of our SPY Feb. lows gives a 61.8% extension right beneath previous support, with a 100% extension at higher highs in the $116 level. This corresponds to an external Fibonacci Retracement of 27.2%.

IWM is curious here, being 0.95% off of it's Dec. highs, the $65 level seems bound to get hit here soon

but that $65 level is a strong level of resistance:

So, important levels to watch; $113.50 on the SPY, the $65 level on IWM, and up to $46 for the Qs.
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