The SP500 futures yesterday rallied in a bull trend from the open. The bulls want trend resumption up and a breakout above the May high and they got it today in pre market but it's losing momentum. The cash index closed above its 10% pullback level. It is therefore no longer in correction territory. Nevertheless SP500 futures is in the sell zone on the daily chart - between 3000 and 3100 - traders expect the rally to get above possibly to reach 3130 before reversing down. Smart money are shifting towards more safe assets. Warren Buffet said that the Berkshire Hathaway is keeping a lot of cash ready to why reinvest. Something big is brewing.