Futures are bouncing this morning and my preferred pattern is to see the spx test the 3900 support zone.
If you took the short side from 4015, place your stop at entry and let it ride.
We are in trade mode and if the trade goes as planned, then we might look long down there.
For now, manage the open short trade and don’t lose any money!
There are no buy/sell signals from Friday’s close, so down would make more sense. -Gary Dean
SPX Hourly Technicals
Stochastics: Oversold
Divergences: Bearish Divergences
Resistance Pivots: R1-3986 R2-4000 R3-4015
Support Pivots: S1-3962 S2-3940 S3-3915
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