The S&P is fast approaching a layer of support around the minor March and April reaction lows - so a gap down into the space would be an aggressive long opportunity. Stochastics are already nicely oversold, so even without the gap it maybe worthy of a pop at the open.
It was interesting to see a tepid response from volatility in the face of S&P selling:
Dr. Declan Fallon, Senior Market Technician, Zignals.com the free stock alerts, market alerts and stock charts website