S&P 500 close = 1095.95

Long-term trend = L

Short-term trend = L

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Markets started down, ended up. The short-term trend is back up for now, but should be viewed with caution. I am skeptical of this bounce even though things are a little oversold and we are in the bottom end of the trading range. I have been pretty much sitting on the sidelines for now until I get a better feeling for this market. It is so tied to the $USD right now that it is really a day traders market and things can shift in a matter of minutes.

Levels to watch for tomorrow:

1098 - resistance

1085-1086 - support

I WILL NOT BE WRITING FOR A FEW WEEKS.