On Friday, E-mini S&P 500 Index futures are nearing record highs

On Friday, E-mini S&P 500 Index futures are nearing record highs, signaling a likely uptrend continuation, barring a close below 5224.75, indicating increased selling pressure. If the index falls below 5123.00, the short-term trend could shift downward, finding support near the 50-day moving average at 5011.92, influencing the intermediate trend.