Today SPY closed below Feb low of 105.89. The next SPY low is 103.56 at 10/30/2009, then 102.49 at 10/02/2009, then 99.82 at 9/2/2009. There is a long-time consolidation in this range, so I doubt that it will break down suddenly.
My plan is to trade the range of 1010 and 1100 next.