$SPY weak price action above 290 + Tale of 2 Channels

Been watching the price action closely and the intraday price action shifted bearish last week toward the end of the week and finally got a gap down today. The gap filled with some nice support at 289.14 area. Today's intraday price action was bullish, but without a strong catalyst. I am looking for another gap down on no news and weak price action above 290 tells me catalyst has to be significant to hold above 290. SPY