Near Term Trend: Bullish
As of 12/8/17 close: 2654.75
UPDATE: Last week, I suggested shorting at 2,685 with stops on a weekly close above 2,725 and with a target of 2,300.
S&P futures dipped early last week and then rebounded sharply by the end of the week. They still havent made it up to our previous projected target. Were modifying the target this week slightly, though.
I would be selling longs starting at 2,672 and then looking to short there all the way up to 2,709.50 with stops in place on a close above 2,715. The downside target will be 2,472.