$SPX dipped 0.52% today but the short-term structure still looks bullish. If we close under 7729, expect a deeper pullback toward the 20-day MA. That said, there's still a potential run to 7877 by end of August if this holds. Watch that 7729 level closely — it's the line between a breather and a deeper reset. For now, the path of least resistance is still up.