Although we had a nice run up this week, technically speaking, we are still very much in a high volatile, down trend. As such, astute traders, would be looking to either stay long above yesterdays high, or shorting into this run up below yesterdays low, looking for a potential test in the coming weeks of the prior low put in 3/23/2020.
Today was very much of a typical inside day, with much sidways chop most of the day, then a sell off of right at about 100 points on the S&P futures from 2:30 - 3:00 CST leading the markets into a clear doji candle to finish the day.