SPX bear market rally #2 has topped at .618 fib and also has confluence with trendline/200DSMA. This can make another fake move to 4340/4370 by EOM but looking at the last weekly close, highly unlikely. The whole pattern looks increasingly like a expanding leading diagonal which is typical at stock market declines. Target zone will be the lower trendline at 2900/3100 and looking for this to bottom in November via a throwover.