The bulls put in some work last night in the S&P futures and held the weekly pivot (1397ish). Intraday volume is pretty light so far and is suggesting another 7-10 point range day. Low of the day session so far is 1399ish... so if the bulls keep the pressure on, that puts a high target area of 1406-1409 (1408-1411 on SPX). The Euro futures will probably need to get back above 1.2300 in order to get the bulls active again in S&P's.
