Expecting a reversal soon

I do not think we will go any lower than around 2060 before the election which is where the weekly earlier top trendline goes, as well as the fib 0.382 since the Brexit bearish drop. -That is ofcourse if Hillary wins the election. If Trump is to win, expect at least a drop down to 1950 which is the fib 0.382 of feb16 after the China breakdown.
For traders with some experience and looking for good positions for longs, both levels mentioned are good for long positions in my opinion.