Price reached the yellow fork resistance. The cycle analysis does look a little weak today and tomorrow, with another positive spot Friday, Aug 10th perhaps extending to the 13th at the latest. After some settling now, SPX may attempt another final push late this week. It may have already topped, or it may manage a slight higher high still.
However, the cycle analysis turns negative early next week, and continues to weaken into late August. As well, there are very negative spots in mid-September. Therefore, a high is due, and then the next low mid-September. A downtrend for over a month is expected with the decline gradual at first, then accelerating lower.