Rising wedge support from 1871 broke yesterday on SPX, and we should now have either seen the uptrend high or be in the topping process. Over half of topping reversal patterns on SPX are double tops so a retest of the highs is very much a possibility.
If bears can take early control today there is currently a small H&S targeting the 2078-80 area on a break below yesterday’s low at 2096. The 50 hour MA is important support to watch at 2089. SPX 60min chart: