Everyone and their mother is looking to short the SP500 today. Not me as we just ran the stops under that red line.
I would be looking to take a daytrade once it trades above that blue box. If it stays under it sure we go more down.
On the 1h is already showing signs of a possible retrace back and we got a 1h bullish RSI divergence to keep an eye on. So, in my opinion, watch everyone short the shit out of the sp500 and get stopped out on.