was bullish from 3000 to 3230. 3230 is the top of the trading channel for SPX. Down from here. I expect 3160 to hold. I'd it doesn't we'll see 3100 and 3000 as hard bottom. At the moment it seems like the tech giants are about to sink the markets as they have been rallying like crazy, carrying the markets up here, but they'll have to consolidate, which will weigh heavy on the markets.