I anticipate a bounce to the levels of the white rectangles before further selling.
The next major low has a target of 777 SPX.
There is a lot pointing to Fridays low, so a small bounce peaking near the 200 DMA should be seen before this happens.
Moving averages to watch.
50 Month = 1260 Weekly = 1266 Daily = 1200
200 Month = 1116 Weekly = 1134 Daily = 1263
The Daily 50 is below the Daily 200 and
This week closed at 1153.50 breaking below all the averages except the 200 Month and 200 Week