GDP = C + I + G  + (X-M)  or,

-0.1% = 1.52% + -0.08% + -1.33% + -0.25% 

S&P_ the futures have trade up to the monthly target of 1502 and met resistance.
1513 is the next target up.

the daily has crossed into bearish pressure with the close last night of 1493.75.
will need a close above 1506 to reverse the pressures.

a down move won’t be signaled until 1475. but this does suggest the monthly target will generate at least consolidation.

the intraday hourly has traded down to its target and is now consolidating. we will see the next move originate there.