The SharePlanner Reversal Indicator is sitting on extreme bearish levels, that at some point will lead to a bullish reversal or hold out at these levels for another 2-3 weeks.
We did, with the sell-off from last week get a test of the 2120 level and the market has, up to this point, held that level.
That is your inflection point. More downside comes with a break of 2120, and the bulls will avoid a bigger downtrend, but refusing to let 2120 to break at any point going forward.
Here's the SPRI: