3pm update - who wants to hold long across the weekend?

Market still battling away with gains of almost 10pts on the SP'500. There is still a chance the algo-bots will somehow do a stop-sweep all the way up to 1340 in this closing hour.

Considering the daily, weekly, and monthly cycles, today's action is mere noise in the grander picture.


sp'weekly

Want to take a guess at what next weeks candle will be ?


sp'15min

Summary

We're in the target zone I set earlier this morning. It remains a pretty clear bear flag, next downside target is 1305/00, possibly 1290.

More after the close...