From the geometry it is clear why SPX bottomed at the price level that it did. This configuration should prove helpful now in defining support and resistance levels.
The surprise rally phase commenced for SPX with strength, and price is nearing the first target area outlined in previous analysis.
A moderate dip to around the pink midfork is likely once the target zone above is tested. SPX may rattle up and down several times to consolidate in the upper half of the pink fork before advancing much.