SPX S&P500 index closes to key cloud chart support zone 2777

SPX S&P500 index closes to key cloud chart support zone 2777.

S&P 500 index lost support at the top end of the cloud, and then sliced past bottom cloud support! Index is now close to a key rebound zone of 2777!

Price action is below the cloud and that is bearish. Critical that the index regains cloud support level, if not then there is more downside to come!