My internal indicators are currently bullish to neutral as of Friday last week but I expect that to change quickly. We retested the November low and got our tradable rally. We remain in a news-driven, government manipulated market. This could change quickly. On the downside, if we establish trade below the pivot, we should target S1 rather quickly. If the pivot holds as support, then I am still looking for R2 as our upside target.

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Weekly Pivot/Support/Resistance Numbers:

897.30 = Resistance2

882.00 = Resistance1

856.80 = Pivot

841.50 = Support1

816.30 = Support2

The hypothetical profits and losses mentioned in this report do not take into account commissions and fees paid for each trade