A divergence between the volume
and the value of the index indicates a lack of enthusiasm with this new top. This ocurrs just before August, which is a typically bearish
month, and under the systemic risk posed by Deutsche Bank. Moreover, NYSE Margin Debt chart reached a peak some months ago (see http://www.advisorperspectives.com/dshort/updates/NYSE-Margin-Debt-and-the-SPX.php
). In my opinion, there is no substantial reason to expect a consolidation of the index above 2150, so be careful, because maybe we are listening to the swan song of the global financial market.