S&P 500 Monthly and Weekly cycles
Primary trend remain bullish in the S&P, as long as its trading above the Quarterly 50% levels; 3rd Quarter @ 1303.50
However, the current price action suggest more sideways zig-zag patterns within the Weekly levels...
and we should then look for the possibility of a last week of July upward move, as price extends towards the August (RED Monthly level), and then more consolidation after that.