Review

Friday's trend day pushed the futures to new highs in the day session, leaving the market imbalanced to the upside. Volume was a fairly healthy 1.9m contracts.

The daily chart below shows how the market bounced off of the yearly VWAP after Brexit and is currently heading back towards the 2nd standard deviation band at 2162.25

The weekly volume profiles below show how the market has accepted above the area of high volume on the composite profile and has found support on pullbacks into it so far.

Overnight

The market continued higher with a strong rally in Japan and China, aided by more central bank money. The range is currently 2120.00-2133.00 on volume of approx. 240k. There is no major economic data due.

Plan

The trend on all time frames is higher and until there is a notable break and acceptance under recent support, I'll be focusing on a long bias at support areas or dynamic intra-day levels of support.