First Look: 2022-05-31

S&P 500 futures have been retracing since the European morning from yesterday. I wouldn’t mind a little lower this morning to test 4113.50 but I may be asking for too much as the current morning low is where the day session hourly 20 EMA will be on the open. If futures base above 4143.00, probably best to assume a rise toward 4232.75.

Prefer a tap of 411…