However with with my vantage point below, nothing goes up straight . With fib targets up at the 2500 level, or 2494.50 , I would not be surprised to see price react there. Then there is time , where starting at the May 2015 high to Feb 2016 low, the ES made a close low which was exactly the same amount of time of 266 days or 38 weeks as the previous two anchors. Going into the end of July, first of August, if the spx is at 2500, investor sentiment turns up. Who knows with the old VIX (VXO) currently making new all time lows for the last two months.

ES
https://www.tradingview.com/x/gWzKn03V/

VXO Old VIX fresh all time low Friday. https://www.tradingview.com/x/5p9bsCiu/

Look at the VIX. Made a weekly close at 9.51 the last time the VIX had a weekly close that low was the week of Dec 20th 1993 @ 9.48 which is the weekly all time low close. The market had a choppy upside bias the next 5 weeks after the 9.48 low. Then proceeded to pullback 9.73% Who knows what will happen this time. This is all bs

VIX 2017
https://www.tradingview.com/x/8N0HJyFO/

VIX 1993
https://www.tradingview.com/x/JqF9pLpA/

SPX 1993-1994
https://www.tradingview.com/x/07NvYZzO/