The S&P 500 index June futuresdeclined 0.77% to 1314.5 yesterday. Concern for euro crisis and weak US economic data led to risk aversion. Technically, the future reached to 20-day MA again, but still not broke it. Oscillator keeps going down. The US CPI will be released late today, probably trigger optimism for another round of quantitative easing.
Trading Strategy:Traders should stand by, or look for buying opportunity.