Possible head and shoulders bottom forming, but I'm cautious.

This is the 15 minute chart for the SPY. The CICO Report is set to 48 or 12 hours((48x15)/60), this is painting the chart red, grey and green. The CICO report shows constant selling for the last 3 days, you can see this by the large red pool forming. However, the end of trading today showed a lot of buying volume. Pay attention to the 375 price action during trading tomorrow. If 375 is not respected as support, 350 becomes the next visible support in my view.

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