OK, so this interesting. We are now at this support level, that could potentially be a bouncing point. But then again, all the brokers know that as well, so could be some forced selling. It's a great level, but be very careful.
The only thing here is to observe today's close: If it's above 12450, then this support COULD BE a bouncing point, but if it's below 12380, then we could see some more downward movement. If it will stay in a tight range (indecisive) today, then there could be some good action Tuesday or Wednesday.