After touching 357 (double bottom) yesterday and testing it again in premarket, SPY should bounce.
Like I mentioned yesterday, I don't expect large bounce, my target is 364-367.
I don't think I am going to play it, Ill wait for another short entry instead.
If we brake support at 357, I expect SPY falling very sharply and quickly.
Bulls need to brake 360 first, then 364
Bears need to brake 357 support
Good luck !