S&P futures closed out at 1428ish after being turned back from the 1431-1432 area during the afternoon session. It never did completely fill the gap at 1426, although it got pretty close. Daily chart indicators are looking ripe for buying here, although Sentimentrader short term indicators are mixed. I'm looking more for setups on the long side (swing trade timeframe).... unless we break down under 1420ish (1425 on SPX). Naz futures closed under 2722ish (potentially bearish), so I'm still stalking that one before jumping in.
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| Relax :) |
