Big price swings are a traders dream. This week I'm looking for the S&P to trade between 1047 and 1117. I still feel the S&P will go down to the Year Pivot Point at 1019 and test it, in June. The Monthly S1 pivot is at 1017, so there is a confluence of pivots points down there, which means strong support, because professional traders in the pit use pivots.
