S&P hit the .618 on a bounce, now we need to see price get and stay below 2850 for it to have much of a chance for another leg down. https://www.tradingview.com/x/Bxuh2eio/ My concern though on the daily chart is that price held the blue 50 EMA on Monday which still puts the purple 200 MA as a potential target. Tough place to be trying to trade bull or bear right now. https://www.tradingview.com/x/kCtQKtei/