SPDR S&P 500 (SPY)

[USDollar]

what I find interesting is that according to some setups I use when even a minute support forms spy is being run and bought up not like we're near all time highs and over valued but like we just bottomed at 2009 bottom again and all is cheap and valuable

if spy is run on purpose as goes much higher I understand it would make sense, but if it would not, then I just don't understand what could possibly be the idea of this way of buying at this point in time/chart