Is the market waiting for Tuesday, the 16th, to top? Maybe. If so, this is what the next four days will look like:
The 16th is Fed day, another typical trend reversal day, usually accompanied by a false breakout of 4-8 points. The alternate possibility is a break to 1157 prior to the Fed day, which I expect would be a top. For more frequent updates on market projections, please visit my website.