New S&P 500 Downside Target

While the 1387-1375 area is still important, I did get a new downside target that outweighs
the earlier targets.

Keep you eye on 1391-1392 on the Cash S&P 500.

Either way you slice it, we are very near a bottom and could get there before the August 24th time frame. August 24th in this case may end up being a test of the lows which I do anticipate once the bottom is put into place.