I agree, for me the risk to the downside after first week in August. I have a ST Hurst FLD projection (from May) to 284 +/-2, which has minimally been reached.
No new projections aft that.
Astrological: Last week in July, according to Time-Price-Research.com is a cluster of important 'geocosmic' astrological events. Also, factor in the solar eclipse, the effects of which, which according to Arch Crawford, can last up to a year. Indicates potential for big move in market, starting in the fall, or sooner.