SP500 has the sharp fall on 26.08.2022, it has lost nearly 200 point on Friday, from 4215 to 4040 level, and now trading around that level. Consider to the technical analyze, this is the herald for a deeper fall in a near future, probably upcoming 7-14 days.
The next testing level layed down at 3670.
Stop loss: 4100
Take profit 3670