This morning, the S&P 500 Index e-mini futures (ES U1) are trading lower by 1.00 point to 1341.50 per contract. The major stock indexes will normally pause or contract slightly after a big rally. Yesterday, the S&P 500 surged higher by 18.00 points. The highly followed Dow Jones Industrial Average traded higher by 152.00 points. The catalyst for these moves higher yesterday were the Greek bailout, and a supposedly more stable European Union. We shall see how long that lasts.
