Could this be a temp bottom in the SPX ?

SPX daily chart could be forming a bullish flag formation. Price could also just jump over 3712 then make an attempt at breaking the trendline around 3748 area. It's a wait and see at the moment.

On the bull side of things price could break the trendline and test 3900 area, retreat and test 3748 area for support. If she holds then I'm pretty sure we fly up and test the top of the next trendline around 4114.65 area. On a bear side they could take price down to test 3748 area. We know what happens next if that fails to hold. Down to new lows below 4363.29 could be a reality if bears get their way.
From where we stand today that is what I see so far.

THIS MARKET WILL NOT BE TIMID and will move with aggression when you least expect it so, please use caution when trading.
Most times the market is not your friend and likes to take your money so, if in doubt get out.

Hope this shines some light on what's happening in the S&P at the moment for you?

Best of luck in all your trades. Cheers!