S&P 500 Jan 20 to Jan 24 Outlook

Recap
Sold off on comments from Fed and then recovered back to crime scene. Gap up and took out Y+1. When stop run actions ended ES dropped back down to below Y+1 and opened the door to week mid. Dropped back down to almost week mid on Friday. Closed the week above Y-0 and midpoint.

Outlook
Outside week but closed near midpoint. Y-0 and B-0 very close to each other. All points to indecision as oppose to a strong directional suggestion. Need ES to find support at B-0 for a retest of at least Y+1.

A slide below B-0 can easily induce a drop to Y-1.

Not going to be an easy week to trade.