It is a day of stop the bleeding. The major indexes were relatively quiet with the 10-year Treasury yield soaring.
Partially Bullish Engulfing pattern of SPY may suggest the down-move is reversing, however the volume is light. So too soon to tell the direction yet, but it is the Day 1 of rally attempted.
Maybe need another one or two days to form a potential new base around SPY 431. Good luck
