First Look: 2022-01-13

S&P 500 futures have been holding up pretty well overnight and on a slow climb up over the early morning. If they can get above 4725.75 this morning, allow for at least a test of 4742.50 or 4749.00. My assumption is that we are relatively late in the formation of wave (A) of ending diagonal [V].

Late in wave (A)