With very weak manufacturing data reading from China and Europe Countries including England. Bears will definitely target the 200 days moving average, which is about 1282 - 1284.
Elliott wave count can then be 5-waves pattern if bears can be successful reaching 1282 - 1284.
SPX could sink deeply at open as what Europe markets and US-futures are showing but It may be halted at somewhere between 1296.53 and 1291.98 and a bounce may be found.
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