RSI Divergence is a sign that the price has fallen too much compared to the indicator. ER is Thursday AH and there is already a lot of bad news built in to the price. This could pop.
If Sune breaks down through the neckline it would mean the B-word. However if it bounces on the support...sky is the limit. It is best viewed as a call option.
Huge old support in 86 realizing S-H-S potential.
Next real support for S&P is 1600. Then 900-1000.