First Look: 2022-05-16

S&P 500 futures have held up pretty well overnight using a minor support at 3989.25. The big number to beat at this point is 4046.00 but may get a retrace before doing so. I have a bias toward a higher low forming today and rise into Thursday. Relatively shallow supports at 3944.25 to 3950.25 would be best for the bullish case.

Working on a higher low