Thomson Reuters SPX forward p/e lifted to 17.20 from 17.04 despite SPX dropping 2 points, means earnings slightly down from prior week. 17x possible support is 2148, 17.5x resistance 2211.

WSJ data is different, and keeping SPX p/e in a tight range of 17-18.50 for most of the year since March. Currently 18.4, with 18.5 possible resistance 2183.

The Citigroup Economic Surprise Index dipped down after a fantastic move up from most of July. It is still above the zero line, but a deeper fade would mean selling of stocks and safe haven new highs.