After the sharp sell off that lasted for about 10 days or so since December 29th of last year.The S&P 500 found support @ 1812 .... It has retraced 38.2% of its previous leg lower. A days close below 1876 could send the price back lower for a retest of 1848-1812 .... If price fails to hold on there.Expect the trend to resume further