Market overview for March 27

Friday was a very choppy session and we spent most of the day meandring between the opening range low and high. I took a long in SRS around 10:00AM in anticipation of a continuation of the gap down in the market, but after scalping .50c for half, I was stopped out at entry for the balance as the market could not decide which direction to move. The indexes finally closed the day at the lows of the session.

The TA system I use for signals on SPY did not generate any buy or sell signals today, which is just as well as it was a difficult session to trade.