Play for Friday, June 19th

I am off the desk this morning and not at my workstation, hence no access to my charting software...hence no charts this morning.

I perused the charts last night and would advise the following:

• Intraday momentum is looking north from 1 hour to 4 hour time frames.
• Hints of positive divergence on RSI on the 8 hour timeframe.
  
• Daily momentum still negative.
• Look out for weakness at the levels posted yesterday...however also be on the lookout for strength between the 4260s-4270s which might take us to the higher retrace levels mentioned.

I'll be back to regular trading next week: I have had a really busy personal schedule these past few days.