Trading Plan for 3/12

[pay][Abbreviated today due to time constraints…]
The entire afternoon was spent climbing back to pre-open highs so the retest’s magnetic attraction could be neutralized (along with the gap up to the cash session’s open). The reaction was equally likely to trade either higher, or lower. It didn’t really do either, ranging almost equally higher and lower around the ESh 1310’00 target.

MACD & RSI were mixed among various intervals, offering no clear signal for tomorrow’s open. The violent gap up above the past week’s orderly decline doesn’t qualify as a trend reversal, but there is nothing indicating that the reversal attempt won’t attempt to extend higher.

Econ reports are limited Wednesday (and plentiful on Thursday when the front-month rolls to Jun expiration). This week’s lows still require a retest and eventual break, which this detour has only interrupted and not changed.[/pay]