Is the S+P 500 rebound running out of steam?

Yesterday the S+P 500 stalled short of the high it had set on Friday, at 5,700.70. The high seen yesterday was set at 5,683.38 after the index had reopened earlier at 5,655.32. The S+P 500 later closed at 5,650.38, with a loss of 36.29 points on the day. The futures prices are in the red just now this morning. The prospect of the Fed not lowering rates tomorrow evening is clearly a drag on the price action and we need to consider just how much this index has recovered over the past two weeks. The bulls may have returned with a passion over that time, but it remains to be seen if they can keep this current run in place. To be honest little has really changed in the macro outlook and whilst there might be a hiatus in the Trump trade tariffs, that is all we are really talking about. The latest Trump led announcement on the US film industry is surely the dumbest yet. Question- has the S+P 500 rebound now reached a zenith? Something to consider and remember that S+P 500 yesterday snapped a 9 session winning streak. The index is currently priced to reopen later today around 5,636