Today's Asian and European trade has been volatile (eg. Nikkei and ASX 200), so I thought it worth posting updated charts for the S&P. Though to my eyes, the key level hasn't changed, ie. the low of the week. Below that and the odds would rise sharply that a false break higher / throw-over has completed, in turn raising the odds that a top of importance is in place. Above that, and the short term potential for higher places remains alive.
Weekly (zoomed in slightly compared to how I have recently shown it)