S&P_

monthly targets are holding as resistance in this 1517-1526 area. next monthly target up is 1701.

the weekly target up is 1553.
the weekly short entry price of 1485 has been touched, but did not hold. still, be alert.

the daily trade is down from the 1499 short entry level.
a move back above the 1530 highs will invalidate this move, but for now it is active.
the next target down is 1451.

time pressures are up. daily trade pressures are up inside the longer downward trade pressures.
[some indication of distribution]