S&P came further down to test support as expected. It missed the daily EMA10, which was my long entry, by a few ticks. In stand, price bounced up from two weeks's 50% level. This could be another measured move and a higher high is expected later this week, as long as the 50% level holds.
The bounce-up stopped at the week open and day open area, with some selling pressure to go through. Later tonight should see either a break on the up side, or a retest of support on the downside.
As for now, no good trading set-up. I'm staying out of the market.
