### Comment:
1.5 month rallies that can potentially culminate in a quad top don't happen 'literally every day'. This is one of those times where even people who don't trade often should be saying 'hmmm... this is a BIG point of resistance'... 
  
 (I'm talking about s&amp;p / es)

### REPLY:
It's not a cliff dive though. It's consolidating so it can try at thay that resistance. Most likely still waiting on Powell testimony and GDP data later.

### END.