CONCLUSION
It was severely SU yesterday.
SPX closed bang on the MUST HOLD resistance outlined on Thursday which should give us a reaction down.
That is now at 1692 SPX.
If 1692 SPX breaks up then we can carry on up. Until then this can be a reaction snapback in a downtrend.
I am now in NEUTRAL MODE, ie no TREND DOWN or TREND UP.
We have a KHC-3 for tomorrow but that is not alot to go on or much of a target considering the rise.
THE LEVELS and the SPX level of 1692 will be our initial game.
Its a crooksday, so lets see what games they have planned in RTH.
Plan your trade, trade your plan!