Short term - 5450/5500 (good buy area) Even DXY is broken down from rising wedge channel (short term it can move upwards to test broken trendline) so expecting S&P to go up in coming days. ( See DXY Analysis which I had published)
For short term , even if S&P broken down (from orange trendline), it will bounce from long term bullish trendline(blue) which is around 5250-5300 area.