Potential drop to double bottom on SPX

Short trade on SPX set stop at 3013 from now this would give you just under 1% downside with 8% upside 8-1 ratio. We may be forming an equal low to the may low otherwise I will post an update if the technicals indicate the correction ending before hitting, or overshooting the initial 2744 downside target.
2984 to 2744 -8%