Late to the panic?

SPX - is this it?

We have not closed here or lower since last summer, but we did trade slightly lower during the January sell off. 4250 is the huge level to watch. RSI is oversold, but we have seen even more oversold conditions during more extreme sell offs. 4250 breaks and we risk the huge head and shoulders formation triggering, or 4250 holds and we put in a double bottom. Why not a bounce in order to frustrate people just in time for when every analyst has become an expert on wars...