S&P_

price spiked thru the monthly target of 1645 but closed below and held.
the weekly target of 1684 held also.

the weekly short entry of 1618 was tested twice before a close below. the next target down is 1509.
weekly trading pressures are down and time pressures remain up thru July 15th.

the Daily trade is down. the 1558 target has been met and is providing support.
1502 is the next target down.

a retracement up is likely here, a move up thru 1589 could retest the 1649 pivot.
if price can’t get above 1612 then another move down becomes more likely.

Daily pressures are turning up.