There is buy signal this week. But since the BP is -8 while SPX only dropped 0.1, SPX may continue search for bottom/support this week. Last week, market found strong support between 2044-2056, if that breaches, 2020 could be tested. If SPX can overcome resistance area of 2080-2095, it would be in confirmed uptrend.
SPX closed at2099, is it going to retest the 2095-2096 area? or going to challenge 2110-2126 directly?