Both /ES (S&P 500) and /NQ (Nasdaq 100) E-mini futures have now hit the next price targets/resistance levels of  2840.50 & 7272, where the odd of a reaction are elevated. Should the stock indices continue to power through these levels & clearly take them out with a solid daily close above, that could open the door to another thrust up to the next potential targets/resistance levels of /ES 2865 & /NQ 7372. However, a failure here would likely send the index back down to any of the support levels below and possibly even mark the end of the counter-trend rally off Monday’s lows. I will state that my confidence on which way the market goes from here is not very high so at this point, it might be prudent to tighten up stops on any long positions recently taken.