DanGramza

Can buyers provide a sign of confidence going into the weekend

Long
CME_MINI:ES1!   S&P 500 E-mini Futures
The S&P 500 absorbed a variety of fundamental data on Thursday. The structure provided by Thursday's Japanese candle chart has an upward bias and a neutral structure. This would imply follow-through to the upside or an inside day with the positive close as we go into this weekend. The Asia session for this market could set the tone for expected follow-through on Friday.