SPX Volatility

The volatility is back, as the SPX sell off continued today initially bringing the index down 17 points before founding support at 1158.
The daily chart shows a reversal morning star candle, which could set the stage for a bounce tomorrow still 1185 is the point of resistance, on the other hand if the sell off continues 1150 is the next support and after that important support on the weekly 20 day moving average at 1141
Today the market closed below the daily 50 day moving average for the first time in 2 months.
Also notice the MACD, just 3 points away from crossing down the zero line, very bearish winds.