2 Things I don't like about the SPX

And then, knowing when I've over-stayed a theme and am starting to annoy, I'll move on.  But for now, 2 things by the daily chart I still do not like.

1) The Cup's right side is below the end of April high.

2) An ill-formed potential right Shoulder.  At any such time as SPX should lose that line intersecting 1260, things could get mighty ugly.

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