S&P 500 (week) - not very far from the rock bottom?

hard time it is... don't really know where the rock bottom is... but feels like it's not very far away from where we are now... guess the index would come into somewhere in the red oval area around 3,500 with the MA240(or MA200) being a strong support line even if the current support of MA120 falls short of propping up the index...