The stock market’s early-morning rally ran into a wall prior to the market’s open.

S&P 500 futures peaked just north of 6000 before gradually pulling back.

“It’s all about holding onto the bulk of the gains that started last night and extended into premarket trading today,” Frank Cappelleri, founder of technical analysis firm CappThesis told Barron’s. “There are still bullish patterns in play, and it’ll be important to see if those hold in the coming days.”