SPY...Are the Bears going to continue to be in control?

Keltner channels(40 avg range, with a 3 and 4 deviation), Squeeze, and MACD.
Are the bears going to continue to push down or does the SPY bounce from the mid line and push up? Not really seeing any major support until we get down to the 373 area. Squeeze is showing upward energy falling off and the MACD has crossed over and showing strength to the down side.
Chart PatternsTechnical IndicatorsTrend Analysis

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