friday fear entering a bear market which happened yesterday. no one wants to hold over the weekend. put call 1.12
the market has moved too fast and hard it needs to balance and consolidate I expect a daily bottoming tail candle next week .
higher energy means we are trading on lower timeframes.
the weekly 50da ma is support and we go there we slammed thru the weekly 20da ma we are 1 time framing thru the weekly BUT this is not a covid bear. its an inflation bear