No. If you look at this graph of SPY with the 99-day price channels
you can see that today’s closing price was above the price channel. This means that tomorrow the line will move up.
I suppose there’s no need to remind you that you had posted that you were waiting for this signal. As for the bottom, mungofitch’s major bottom detector went off on the last day of September, just a little over 10 days before the October low four months ago. The market is now almost 15% higher.
Here is the METAR thread from October 1st:
And here is what Jim wrote that day:
https://mungofitch.com
DB2