The S&P500 futures (ES) have been holding above their 10 day moving average, which is currently at 4590. As long as they are above this level, the immediate target is 4630. The momentum indicator (CCI) shows the momentum is gradually falling after the recent spike. The S&P500 futures are in uptrend, and there is a resistance at 4630. The support is at 4580, and therefore 4580 should be the stop loss on all long positions.
The S&P500 Emini Futures (ES) are at 3852 and trying to take support at the 10 Day SMA. However, the Momentum Indicator (CCI) is coming down, which indicates downward pressure on the futures can easily go down to 3800 to test lower levels and also break 10 Day SMA. So this is not looking like a safe place for long positions. Sell position can be considered on a closing below 3800 for target 3700 and stop 3850. Upside targets above 3850 is 3900-3950. There is strong selling pressure above 3950-4000.