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S&P 500 Futures Buy-Sell Levels

|Includes: ProShares Ultra S&P 500 ETF (SSO)

Market Pressures_

The "shock" of the low jobs data on Friday causes the interest rate estimates to drop.

All Metals rallied hard. Seem oversold for the moment.

Crude at a profit target. Natural Gas testing a prior high pivot.

The US 30yr Treasury futures are near contract highs.

The US dollar futures responded to the jobs report by dropping two dollars into a new downtrend.

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S&P 500 Futures_

Monthly - Up against the 2100 highs. Trade pressures are up. Volumes closed the month of May as bullish.

Weekly - After the prior week's big run this week held the highs despite the jobs report. Trade pressures are up but declining. Volumes remain bullish.

Daily - Flat. In the move up from the 2072 long entry. Trade pressures are extended up. Volumes remain bullish (even Friday was net bullish).

The next target up is the 2105 high pivot and the 2115 profit target.

A close below 2073 would signal lower.

Additional disclosure: The author may have long or short positions in any of the securities mentioned.