Emini S&P made 4 new all time highs last week but failed to actually close above the 10 month trend line you see in the chart above. Friday's break higher almost hit our target of 1888/89 as we topped at 1887.50. Yesterday we tested and held good support at 1868/67 as expected and below 1874 should retest this support today. A break lower is more likely so any longs need stops at 1864 for a test of 1860. If we continue lower look for a buying opportunity at 1854/54.
Immediate resistance at yesterday's high of 1879. We should struggle here again today but on a break higher we could target 1883/84. Just bear in mind all time highs at 1887.50.