$INDA bulls have done very well here and have managed to get the price action back into the rising wedge again but have not retested the bottom line yet for a test of support.
That being said, a retest of the green line at $51 would suffice as a retest of support.
A hold of support here and the price action can make its own retest of the 200 Day MA from below at $54, which is what I expect from the $SPY too.