On the daily chart SPX rejected off the 200 EMA pretty cleanly.
The thing about this area is that it is a very big consolidation zone that the last time it was in the zone, it was here for 8 trading days. Don't overtrade in a choppy market, you won't have a good time, believe me I know from experience.
Bull zone (reversal zone): 4155-4163
Target 1: 4171
Target 2: 4190
Target 3: 4197
Bear zone (reversal zone): 4124-4116
Target 1: 4108
Target 2: 4089
Target 3: 4082
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