S&P futures

the monthly target of 1716 has provided resistance.

the weekly is testing the short entry of 1639.
weekly pressures are down.

the daily trade is at two targets, 1626 and 1624.
pressures are still down but the this support has held for 3 days.

a further break down takes price to the next target of 1596.

need a new move up thru 1660 to restart the move up.

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$$’s coming into the US dollar and the treasuries. the DJ Euro STOXX and the China 25 are in a sell off.

Transports are down but that move maybe finished.
Small caps look susceptible to another leg down.Dow 30 weak and still moving down to the 14667 target.

S&P 500 looks stronger than other markets but watch for a “wash and rinse’ of the stops below in the Tuesday morning trading.