S&P 500, Next Target on the downside is 1850, This level witnessed a market top in January 2014. Incidentally The 4th Monthly Pivot Support also is at 1850 overlapping the support level . This means 1850 is a very strong level for the S&P 500, & it must stop it's decline right here, if the Bull market is set to continue, Breaking this level decisively will trigger a huge sell off !