SPY double bottom approaching, will it hold?

It seams that going against the logic is the new norm.
The game is dirty more then ever.
So I wouldn't count on a double bottom (385) too much.
If it was to play it out, however, I think were going to stay in the downtrend channel and if we bounce, it will get rejected at 400 and fall to 378 area.
Where the bottom is?, no idea, but I am eyeing 300 area this year.

Good luck