Bounce can happen before lower levels are tested in stock market; then what?

The market dropped today which wasn't very surprising given the factors I pointed out after Friday's close. Andre Gratian also pointed out the dollar being oversold in his weekend report, which I still need to post (challenged due to business travel). And ChartsEdge's cycle charts for this week were consistent. Actually, ChartsEdge issued a tweak to subscribers, so check your email. Anyway, we know the $SPX has tested Tony Caldaro's 1136 pivot, plus price support from the prior rise to the 1130/1131 area as shown on my $SPX chart (updated for today's close below). The QQQQ hourly chart below shows it's had trouble with that $49.60 level and dropped from there. So we'll expect a bounce, maybe into Tuesday afternoon or Wednesday morning, and another drop late Wednesday or Thursday morning. And then see what kind of recovery the market can stage from there into the end of week.