S&P monthly and Weekly cycles
Price didn't reach the precise 2nd quarterly 50% level, but the 3rd quarterly 50% level comes into play from July.
In the mean time, my view is that the levels around 1354/59 will act as resistance until July.
Short-term:-
Next week's early trend is going to be dictated by the results in the Greek elections.
Either the Markets like the result, or they won't