Sure, it is approaching 11:00 pm here on a Friday night, but I would having trouble staying awake with this market regardless. Remember Pete and repeat? They are back again today.

Nothing is resolved in terms of balance. The cluster of support around the 4220 – 4225 area caught the fall, as I suspected it might this morning. It may have saved the “look above and fail” trip to 4205. Time will tell.

We called the low of the day within minutes after it was in – 14 contracts traded was the key. That is where volume and market profile can help. The “V” drive was a nice long.

Settlement is likely to be at the same level as most of the past week.

All doubts in a bull market should be resolved in favor of the bull. We can start there and update the narrative over the weekend.

Enjoy the time off for a few days. I am glad the snooze fest is over this week.

A.F. Thornton