In yesterday’s newsletter, I wrote

I also wrote

This is exactly what happened as we had lost the 3988-3993 prior to the session open and then we lost 3967/3961 after open and bottomed out at 3943 defending the 200 day moving average. After bottoming out bulls took us on a run to close at 3970.

Did bulls do enough to defend the 200 dma or will we retest next week?

What does this all mean and where do we go from here? Read below for my game plan which includes actionable support & resistance levels, outlook for Monday’s session and today’s trade recap.