My post of May 21 identified a pivot point resistance value/target (R1) of 3095.86 for the S&P 500 Index (SPX) for the month of May.
Its S&P 500 E-mini Futures Index counterpart (ES) has almost touched the 3000 level in Monday evening’s trading session, as shown on the following daily chart.
There are four trading days left in May for the SPX to reach its R1 value, which coincides with the next technical resistance level of around 3100 for the ES (the median of an uptrending channel converging with overhead price resistance).
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