These are the key market technical levels to watch, according to this strategist
CNBC's 'Squawk on the Street" team discuss market technicals with Stephen Suttmeier of Bank of America Securities. For the S&P, 3,200 is a key level, says Suttmeier. We think we can still see downward volatility continuing into the election. I think from a season perspective, there's more downside coming in September and October. Wherever we settle out here, it's an opportunity to put money to work in equities.