S&P Futures

Monthly_

have reached the 1853 target. the next target up is 2223.
the old 1761 target has acted as support.

Weekly_

the 1863 target is reached. the next target up is 2098.
the weekly trend remains long until a trade below 1823.

Daily_ the trading time-frame.

the March 7th high of 1880 traded thru the 1868 target then produced some wide ranging consolidation.
a short trade was triggered at the 1851 level but had no follow thru and was stopped at the moving averages.
the excessive daily ranges would have precluded any trades

Last weeks low volume action traded thru the 1880 high but was unable to hold the level.

as the high beta stocks were sold,  the market moved back below the 1868 target.

technically the move is still long from the 1862 trade with 1919 as the next target up.
but the move down on Friday feels as tho the 1823 lows may be tested.

[Update: Wed 4/10,  is closing near these lows]

a move below the 1823 lows resumes the short trade to 1766. First target down is 1805.