Buy S&P 500 @ 1770-1780

S&P 500 gained strength & broke above 1780 but is still unstable
Buy S&P 500 @ 1770-1775 or up to 1780 at higher risk for end of day expiration
Buy S&P 500 @ 1780 if & after it stays above & goes higher, for 30 minutes expiration 
Risk: 1780 is not a strong support yet

S&P 500 must close above 1770 at the end of the 1st month this year or risk dropping further
It would be even better if it can close above 1780

Risk: The stock market can be very volatile especially at the end of the day & month

Sell S&P 500 @ 1780

Sell S&P 500 @ 1780 if it stays below & drops further, for 30 minutes expiration

New resistance @ 1780, S&P 500 dropped from 1780, avoid buying S&P Futures @ 1770 if it doesn't stay above & go higher

Buy S&P Futures @ 1770

Buy S&P Futures @ 1770 if it stays above & goes higher, for 30 minutes expiration

Risk: 1770 is not a strong support yet but S&P Futures is too low

Sell S&P 500 @ 1790- invalid/ lost

Look to sell S&P 500 @ 1790 if it stays below & drops further, for 30 minutes expiration

Result: invalid/lost
S&P 500 only stayed below 1790 for a while (wait for S&P 500 to reach 1790 again) but did not drop further anymore & broke above 1790 later
Sell S&P 500 @ 1790 became invalid

Sell S&P 500 @ 1790

Look to sell S&P 500 @ 1790 if it stays below & drops further, for 30 minutes expiration

Look to sell S&P Futures @ 1800

After the stock market closed, S&P Futures broke above 1788 & 1790 to reach 1800 & drop
Next resistance @ 1800, watch S&P Futures @ 1800 tomorrow (29 January 2014)
Look to sell S&P Futures @ 1800 if it stays below & drops further
Risk: S&P Futures strengthened & is currently bullish but is still staying below 1800

Sell S&P Futures @ 1790 or 1788- win at higher risk

Sell S&P Futures @ 1790 or 1788 (higher risk) if it stays below & drops further, for 30 minutes expiration

Result: win at higher risk
S&P Futures dropped from 1788 to 1785 but rebounded higher to close @ 1787.45 at 4pm EST

Sell S&P Futures @ 1790

Sell S&P Futures @ 1790 or 1788 (higher risk) if it stays below & drops further, for 30 minutes expiration

Trading signals to watch today

S&P Futures dropped below 1830 after economic news yesterday & even dropped to 1812 now
Not safe to trade anymore as the stock market is too weak for now
Resistance @ 1828-1830
Look to sell S&P 500 or S&P Futures @ 1830 if it stays below & drops further for 30 minutes expiration, although it might not even reach 1830 today

US economic reports update

Unemployment Claims       
Actual: 326K    Estimate: 331K    Previous: 325K

Flash Manufacturing PMI       
Actual: 53.7    Estimate: 55.2    Previous: 54.4
HPI m/m       
Actual: 0.6%    Estimate: 0.4%    Previous: 0.5%

S&P Futures dropped further below 1830 after economic report, therefore not safe to buy anymore as it's still weak