Previous high in SPX is 1018 a couple of weeks ago:
Meanwhile, the False Bar Stochastic is showing a nasty set-up if 1018 is not exceeded on this run up. Either 1018 is taken out, or entire rally up from Wave 3 low is retraced.........and then some.
This is a Weekly chart and Weekly analysis, not for short term trading, but for big picture outlook.
PS: An alternative count (very similar to Robert Prechter's count):
Here, a completed five waves down into March low as Primary Wave 1 Down and now close to completing a Primary Wave 2 Up, to be followed by critical Primary Wave 3 Down.