SPX Swing Count

 The SPX is stalling while the Swing count keeps increasing but the Bullish% count is decreasing (although still elevated) and the Barometer is signaling caution:

SPX Barometer

 The SPX remains in a strong position, trading in the middle of the bullish target range:

Overall readings remain elevated but Tuesday's retreat had the positive effect of  cooling things off a little bit:

 

SPX Update

 An overbought Pattern oscillator lead to a familiar outcome and a retracement in the SPX. 

At the current rate, the oscillator will become oversold in 3 days:

As long as the SPX keeps above/inside the consolidation zone, the technical damage will remain minimal.

SPX Weekly Targets

SPX remains bullish above the breakout level:

Pivot, stop/loss levels and Barometer readings:

SPX Update

 The SPX keeps holding above the breakout level, and the Barometer closed at 100 for the second day in a row, reflecting a positive outlook:

The daily Pattern oscillator closed just below the overbought zone: