I've been looking at the chart tonight and believe the 50 DMA near 1200 and the 38% level may be a better target.
Something else... Volume was awfully low for a 38 handle day.
And did you see the Up-Dn Volume! Looks suspicious to me,
I expect a trade range of 1185 to 1196.25 before a break out to the 20 DMA
A drop below 1180 will set the bears in motion.
Fridays low is a deal breaker.