Emini S&P crashed through 1763/61 & even broke Fibonacci support at 1744/43 to hit 1733. This is 7 month trend line support plus strong Fibonacci support at 1727 & there is now a good chance that we have seen the end of the correction. We can use this area as a medium term buying opportunity today with stops below 1722. A break lower then meets short term Fibonacci support at 1717/16 before the 200 day moving average at 1703.
We could stabilise today around the 1734/28 area. Immediate resistance at 1748 but above here is more positive & targets 1758. A high for the day looks likely here but a break above 1762 is an added positive signal & allows a test of 1766 then strong resistance at 1774/75.