S&P Futures

the long term time pressures turn up this next week.  trade pressures are already up.
the 1143 long entry has created a 1572 target. the two main resistance points will be the April’10 high and 1281 resistance target.

Daily – the 1158 was easily penetrated, signaling higher. the S&P is now at the final retracement target of 1180.
the next target up is 1186.

trade pressures are very extended up and the long time pressures are near the peak of the upside and will turn down this next week, the short term time pressures are up til Nov 9th then both are down thru the first week in Dec ’10.

A trade thru 1149 will signal a move down to 1053 with a test at 1117.50.