That down move will be defined by next week's level @ 1378.50...
1361-1364 is seen as a random Support zone
However, don't be surprised to see the Trend as low as 1347 (SUPPORT)... Previous Weekly Report
S&P Weekly Cycles
1378.50 pushed the market down into the Weekly lows & the April 50% level, which formed a random support zone for the Week.
As we can see, the Weekly cycles now suggest the Trend will continue down into next week's lows, which aligns with a potential Support zone during the current Month @ 1345/47
Trend guide 1369
