S&p Futures

weekly  – the move up from 1136 remains in place with the next target as 1279.  a move down thru 1199 will signal a new move down.  Time and trade pressures are turning down thru late February.

Daily – the next target is 1263.  trade pressures are up but diverging.  all time pressures are up.
a move down thru 1235 signals a new move down. time pressures turn down Jan 5th.