Sunday – S&P @ 926

Trading the daily. The New Year Rally has taken the futures to some expected price objectives.  Ben’s PTI is signaling “take profit”. 

Monthly – long. did not close the month above the 916 Entry Price.  But have traded thru it.   next objective is 1096.  714 restarts the down move.  divergence at the lows.

Weekly – Long. next price objective 952-961. pressures up, momentum neutral which indicates the move is limited to these next PO’s.  the short cycle ends 2/20. 

Daily – Flat  at the 930 PO. next PO 969.50.  864 starts a retracement to 796.  cycle ends 1/5.  look on the intraday for pull back and new setup to re-enter the long trade.