The S&P 500 pivot high of 2110.25 set on February 25th, was tested on 3/23 at 2107 and now again this last Friday with a 2111.75 close.
A Triple Top?
Earning are coming in with some gains in the technology sector. Energy was bought for a few days but now, no follow thru. The financials were spotty and moved up to old pivots but are not showing strength. The market probably needs these larger sectors of finance and energy to move to be able to continue any sustained move up.

The Metals are trending down. Gold has started a new short trade.
Oil is in a long trade, but meeting resistance.
Nat Gas continues lower.
The Dollar is trending lower. The Euro continues to grind higher in the face of the Greek issues.
The 30yr T-Bond is in a short trade.

S&P 500_ futures

Monthly – Trade pressures remain up Volume is bullish. The next target up is 2189.

Weekly – Still in the channel between the 2110.25 pivot high and the short entry level of 2040. At the upper bound now with a 2111.75 close. Trade pressures remain up. Volume is bullish, but 3 million contracts traded are at half the level of last week.

Daily – The long cycle was short from the 2062 entry price. The Stop is the 2110.25 pivot, which was met with Fridays close. The trade is Flat.
Trade pressures have turned positive with this Friday close. Volume has been bullish for three days.

Expect consolidation and wait for the next entry – long or short.