S&P 500 Futures_
Monthly - Three months of higher highs and lower lows. Trade pressures are up but turned down. volumes closed the month of May as neutral for the fourth month in a row. In the move down from the 2662 short confirmation level. The next target down is 2304. A close above 2883 would confirm any weekly move higher.
Weekly - In the move up off the April 6th low. Trade pressures are up. Volumes remain bullish. Still in the short move down off the 2803 entry. The next target down is 2589. A close above 2796 would confirm any daily move higher.
Daily - Grinding sideways since May 14th trying to get through the multiple layers of resistance. Trade pressures have risen up into the neutral zone. Volumes are mixed bearish one day bullish the next, a sign of the contest between the bears and bulls at these resistance levels.
The prior high of May 14th is 2741 and the 2753 upside target are the next barriers.
A close below the 25x5 moving average at 2701 would signal anew move lower.
The Navellier Top 5 Stocks for June are resting after a nice move up in May.