S&P Futures

Now in the September contract.

Long term pressures are still down.  October 29th is the end of the downward time pressures.
the weekly  trade is down, next target is 1043 and 1006.  1176 is require to start a new move up.
Trade pressures are up. Time pressures turn up June 25th til Aug 20, then maximum down pressure til mid-to-late October.

Daily – we are in the retracement trade up from 1077 to 1226; while still inside the longer cycle move down.
the previous down move from 1060 to 1015 was stopped at the prior 1040 lows.
1226 was the previous up target and that is met today on the Chinese yuan news. next target is 1144.

trade pressures are fully extended up. time pressure is down thru June 23rd.
the longer time cycle is up thru July 13 and then turns down at the same time the short cycle.

a trade down thru 1084 will signal a new move down.