SPX - Potential Bearish Engulfing

Watching the daily close on SPX. If we get a close below 2974 that will setup a bearish engulfing, which could signal additional weakness, and we could see a retest of the pivot low from last Thursday near 2850. You will also notice a few other indicators, some solid white lines that represent various levels of support (zoom out to see how those line up), along with the 50 and 200day MA’s. A close below 2974 would also be below all those support levels, which would be quite bearish, at least in the short term