The short answer is “yes.”
However, as I have been highlighting, the pattern in the SPX and ES are different due to the drop that the futures saw last week during the Iranian debacle, whereas the SPX saw none of that structure. Therefore, based upon the ES, we can still see another , as shown on my ES chart, whereas the SPX chart has a full pattern in place.
Ultimately, as I have been harping, we need to break down below our micro bullish support, which we have been raising as the market continued higher. At this point in time, we would need a sustained break of the 3270ES region for us to have an initial indication that a market top of sorts has been struck, with a target below in the 3150SPX region.
Yet, until we actually break support, the door still remains open for a rally up towards the 3330/40SPX target region being provided to us on the larger degree Fib Pinball targets as outlined in prior updates.