The big sell off on Thursday night and into Friday morning obviously reversed before the day was over on Friday and it appears the market is going to rally higher again from there. The close outside the long-term trendline did not occur, and the market rallied strongly into Friday afternoon. The trend and bias are up at the moment, although prices have been mostly sideways the last hour or so of trading, so trade accordingly.
There is a large gap on the chart this morning due to the overnight rally. Should prices attempt to fill that gap at some point, that target would be down at 6765.00. Expect mixed trading at times no matter how the day plays out in the end. This day could get wild, and prices could still trend in either direction, so stay flexible and follow the price action.
