S&P 500 Futures_
Monthly - The monthly trading range has narrowed significantly. Trade pressures are up. Volumes closed the month of June as bullish. The next monthly target up is 2768. A close below 2230 would confirm any weekly move down.
Weekly - Trading below the prior weekly closes. Trade pressures are up but showing some divergences. Volumes have changed from bearish to neutral. The next target up is 2477. A close below 2379 would confirm any Daily move down.
Daily - Flat. The 2432 short entry produced the expected move down but after moving the stop to break-even, the trade was stopped out for no gain. Trade pressures are in the neutral zone which may account for the lack of follow thru. Volumes are bearish.
Look for a re-entry in to the short on any rally without bullish volumes.
Void this re-entry if the old 2451 high pivot is taken out.