futures have traded to 1338. two different long term projections have 1341-1345 as targets.
a break above these creates a new upside target of 1565.
on the long term charts, the trade pressures have made a reversal back to “up”.  time pressures are now up thru June.

Daily – trade pressures are turned down while time pressures are up.
a 1312 is the entry price for a move down, first stop 1288.
[the Japanese report of another 7.4 quake sent the futures to 1322 in 15 minutes]

a breakout above the 1338 high should go to 1349.75.

the dollar index is likely to be the driver, a move up in the dollar should cause a sell off in the tangible assets and stocks.
the metals are stalling here, European euro bears watching.