Keep an eye on USDJPY, which is due to react to under the major .886 (104.89) discussed yesterday.  Quick overview on SPX, which is likely to follow:

Looks like new highs, based on the futures.

But, note that we lost the red channel…

…and, are bumping up against the .786 white channel line.

UPDATE:  9:35AM

SPX just backtested the red channel at the 1.272.  Should get at least a reaction here.

UPDATE:  11:55 AM

.786 or .886 looking good here.  SMA10 at 1996.73.