S&P Futures

Monthly – trade pressures and volume pressure remain up. the target remains 2223.

Weekly_ trade and volume pressures remain up. next target up is 2096.

Daily  – trade pressures and volume pressures remain up.
consolidated briefly at the 1906 and 1914 targets.
then with the announcement of easing interest rates in Europe, two good up-days have broken out of that consolidation.
the next target up is 1956 and then 1970.

The 1970 target is a 100% move off the Feb 5th correction low.  so, look for significant resistance there.

a break below 1822 could signal a corrective move down to 1879.

 

[June 18th: have tested the short entry last week, never closed below. now moving to the 1970 target.
an up volume day today.]