S&P Futures

Monthly – Volume is bullish. trade pressures are up.
long, the next target up is 2234.

Weekly – volume is bearish. Trade pressures remain up.
the short entry is 1945.

Daily – Trade pressures are down. volume is bearish.
in the short trade from 1990. the 1955 target was acting as support until today.
the break down has taken the market to a 1933 low.
the next target down is 1919.

a move above 1964, today’s high, would signal a new move up.
the hourly charts are showing oversold.

[Monday morning 10/6 update: Daily S&P Futures – the 1919 was touched on Thursday and then Friday’s close above the 1949 long entry has put the market back in bullish territory. the next target up is 1999, volume is neutral. Trade pressures are up.]

[Friday the 10th, October, Well if you were quick to take profits each time the market moved you could have made some money intraday.  But after triggering a short entry at 1950, we are now back at the lows and at the 1911 first target down on the shorter cycle.  The S&P futures look to go lower to the august low and if momentum is enough, then to break down and test the 1874 target.
it will take a move above 1937 to get long again.]