S&P futures have been moving up this morning... and we are right at potential resistance here at 1349ish. The intraday volume count is indicating about a 20-25 point range today. The day session low was 1332, which puts a high target area of 1352-1357 on futures... and 1357-62 on SPX.
There was a high volume exchange between 1344-1347 in the futures a few hours ago, and it could be magnetic for an afternoon pullback. If the bulls hold that area, I'm expecting another push into the high target area into the close.
