S&P Futures

Monthly_ still long with a 2223 target. 1761 is a recent target that should act as support.

Weekly_ has traded thru the 1823 short entry and is projecting a 1776 nearby target and a lower target at 1709.

Daily_ (which is the trading time frame)
had signaled a move down from 1865 and then triggered a second leg down from 1852 this last week.
so, now there is a lower low.
the 1805 target was almost touched on Friday with an intraday low of 1807.25.
the next target is 1778 with perhaps an excursion further down to 1767.

need a close above 1847 to turn the market long again.

lower mortgage originations took the bank prices down. could see the fed respond with lower rate talk.