S&P_
the 1664 monthly target has acted as resistance. the next target up is 1733.
the next weekly target up is 1692.
the daily short entry of 1685.60 has been triggered. the next target down is 1606.
pressures are down til June 7th.
a retracement up of this down move could occur; but needs to be limited to a move up to 1666.
if 1666 holds then look for the next leg down.
a close above 1666 would signal higher.
the intraday momentum indicators will be very important.