S&amp;P 500: A mixed picture in $SPX after this recovery off 2925 low in ES on Monday. Bulls are seeing a potential FIFTH major bottom at ~2965.

Bears see near-term downtrend formation, RSI at 56 resistance, middle BB rejection at 3130, and below March 23 trend line, at 3135. $SPY https://t.co/FqFegFTt40