S&P500 (SPX) here not only got a previous support here but also got a Fibonacci 161% ratio support. So this support is quite strong. On the other hand we are also observing a positive RSI divergence. But don't need to be too optimistic. The S&P500 (SPX) might go to 2580-2600 (around 8% upside). If S& P 500 broke 2600 level then we might see an another 150 points rally that will move to the index close to 2750. But my prediction SPX will touch 2580 level and then it will start falling again and will get support at 2090-2100 level.
