there should be a good retracement come next week. OEX still could not break out of Fib EMA 233 653ish. Many Japanese candlestick hangingmen occurring on indexes. It should be two good trades today if you follow the pivot. A short to 648 and a long to 652. Monday's numbers are 655, 650 and 647. From the low of May9 638 to the high of May16 653 is 15 points in six days. You can work out the retracement. A 2/3 retracement is 10 points from 653 equating to 643which is the weekly s1. Watch if 647 is broken to the downside next week. Although it is still possible to continue the advance to 655-657.
Have a good weekend
2c
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