It is 51% that the bounce will make an (a)(b)(c) pattern

SPX
It is 51% that the bounce will make an (a)(b)(c) pattern and (b) is where the price makes contact with the red trend line, (c) will be somewhere between 1328.xx - 1339.xx.

And 49% is that the bounce has finished at 1328.49 (wave 4 end) and price will try to make lower low than 1291.98. This move if happens will form the wave 5 inside the wave (III) of the correction wave C. My target in this scenario for wave 5 would be 1270.xx.