S&P 500_  Switching to the June contract. Levels will be adjusted.

The prior weeks short entry prices on the Daily levels has been confirmed by the Weekly short entry trigger.

Monthly – Trade pressures remain up. Volume is bullish but declining. the next target up remains 2191.

Weekly – Trade pressures are up. Volume turned bearish this last week. The weekly short entry of 2048 was triggered. the next target down is 1935.

Daily – Two cycles at work. The short entry at the 2080 entry has traded down to the first target of 2037. The next target down is 1991.
The slightly longer cycle short entry of 2060 was triggered during this last week and has a next target down of 1961, which also coincides with the 200 day moving average.

Need a close above 2067 to signal a new move up.

Appears to be a choppy market while waiting for the FED announcements mid week.