From my perspective, I caught the very first rally after the crash 2-3 weeks ago and sold it at the top. It plunged with a big gap down for 1 day, and then spent like 13 boring days filling that gap. Yesterday it broke above where I sold for a little while but then reversed and formed that bearish hammer. Futures are down.
bearish as of SPY 406 on 2/17/23
currently: end bearish as of SPY 406 on 3/6/23