For Friday:
Despite the fact that retail sales are low, The Emini S&P is favoring higher prices while the Bonds are showing volume developing lower. It will be interesting how the Consumer Sentiment report will effect the S&P - I would think that the market will break on that news.
In any case with the trouble plaguing American Airlines likely to spread to other air carriers not to mention other unknowns in this market - it is unlikely buyers will wish to hold onto their positions over the weekend.
Look for the Friday afternoon sell-off
From the TradeMaven Software, Pivot/Support and Resistance Numbers for 11 April:
Upcoming Key Reports:
Friday
Import and Export Prices 8:30 ET
Consumer Sentiment (p) 10:00 ET
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