TECHNICAL ANALYSIS: Friday was a wild day; with positive job reports pushing futures positive until mid morning; then the long-weekend selloff picking up right around noon. Although it's difficult to figure out direction with the current price action; and the question is, where is the bottom.. I recommend just going with short term swings; using the 1H to identify POI's within market structure; then when our Trendsi Dashboard gets into our buy and sell areas, we pounce.. because when SPY, S&P, or ES moves, we can pull a little profit on known trends. Come Tuesday, we can speculate either direction, but mark up these areas and watch for price to respect or reject before jumping into trades!
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