Positive price divergence with MACD and RSI indicators. Playing long to the upside of the falling wedge channel, roughly coinciding with the 50-day MA.
Stochastic indicator is oversold and crossed positive, but is curling back down slightly. RSI and MACD still pointing down. Gap to fill at around 203.71 coinciding with the intermediate-term downtrend line, if SPY makes it that far. Short term long only within a short/bearish medium term outlook.