First Look: 2021-06-01

I’m not a big fan of the morning after a long holiday but I suppose the path of least resistance is up while above 4218.50 in S&P 500 futures to test 4231.25. Note that we are just short of an exhaustion signal here so I think caution is warranted. If they fall under 4212.50, bears have a chance to take control of the day and try for 4186.00 or 4174.75 …