First Look: 2021-12-31

S&P 500 futures fell into support at 4761.25 and 4752.00 overnight and early this morning. I see this as a small fourth wave in the C wave advance up off the December 20th low. Once on top of 4770.25, look for 4781.75 to be tested and eventually a new high next week around 4822.00 or 4830.25.