First Look: 2022-08-03

S&P 500 futures did well overnight, especially in the European morning, recovering much of the afternoon drop yesterday. That is bleeding over into the US day session as it is up against old resist at 4138.25 which is just short of the high. Keep an eye on 4151.50 as well today. Next step past 4151.50 is 4181.50. I’m getting nervous about higher, and it…