The SPX has fallen to a 52 week low following concerns on the Chinese economy and oil glut that drove oil prices to record low. It appears that the SPX has found temporary support around 1820. The Index has previously on two other occasion (in October '14 and more recently August '15) failed to break past this level. Daily close candles points to a reversal of the current daily downtrend. Potential target of 1960 - 2000
Really time to raise, fisher transform and IFTRSI_LB make a good kiss at bottom, One of my best combine of indicators to catch turning point.