Since five weeks, SPX has been swinging between 1422.49 -1357.35 (ESM12 1419.75 - 1352.50). On Friday, it experienced almost a 23 points plunge closing around 1369; .. possibly heading to 1357.
Consider a DOWN trend IF a daily bar closes below 1356 (ESM12 below 1351).
Possible S/R for this week: 1400, 1385, 1362, 1356, & 1339.
Trade well!
J.