This upcoming week could be quite volatile with high profile budget news anticipated. I don't think that the bottom is in quite yet, but it does appear to be close to bottoming. 1303 is an important Red trendline. I also see multiple supports in the 1295 area. It is difficult to be precise with smaller movements, and it is possible that the market does not make it below 1300 SPX.
I see Tuesday July 19th being important, and the market may decline on the budget/debt ceiling news initially with a rise in the dollar. However, I see a strong push higher likely into the end of the week with an important time cycle due on July 22nd.