SPY in the last 2 trading days held the SepP, and today rebounded back above the YR1. The lower Bollinger band has basically held as support on close. SPY is back above all simple moving averages (10, 20, 50, 100, 200, 400). Not even the hourly chart is overbought. There is just nothing wrong with this chart. Chances have increased that we see a high test and/or targets above that I have been pointing to for the last several weeks.