SPY has filled the gap and is bouncing off the 100ma coming of hourly oversold conditions playing off several bullish divergences indicated by the pink and yellow arrows. This can still pull back to the 50% retracement and still be valid but this seems like a significant enough area for the bottom.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.