The June Emini is bumping up against the 1380 resistance level for over a week now since breaking down below this short term support point. This is also the 20ema that needs to be re-cleared once again. Big battle going on here to decide if its rally time again or just spinning its wheels at the top of an icy hill and failing to get over the top. For the rally to continue price has to clear and hold above 1380 and even just consolidate above to expect higher prices to a double top. So far no damage has been done to the price chart. Big test here on basic direction.