S&P_ the Bank funds provided to the Spanish banks has sent the futures up to the 1342.50 target.
expect some consolidation and perhaps some retracemnt here (perhaps to 1326), and then an attempt to move up to the 1396 target.

Trade and time pressures are up.

a move below 1306 would signal a new move down to 1192.

[Bank of America long entry price 7.94, with a target to 9.92. place stop below the 6.72 low.]