S&P Futures

Daily in a pullback within an uptrend.  intraday at a downside target which equals the short entry point on the daily.  expect a retracement up. 

monthly – no change.

weekly – trading between the long entry and the first price objective.  in the congestion suggested earlier. cycle ends 2/20.

daily – flat.  in a retracement within the uptrend.   cycle ends in two days 1/14 and dominant cycle peaks 1/20. upward pressures begins the 14th.  Ben’s PTI is showing further short term downward pressures.  a close below 874.75 restart the short trade to 807. 

Intraday – downside target price reached.  look for consolidation or retracement.

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