Short Term Trend is in a corrective phase. We are below the trendchannel and have made a lower high and intraday lower lows. We are probably in an Elliott Wave a-b-c move of some sorts and degree. Slow Stochastic is nearing 50. No stochastic setup for Friday. However if we move below 50 tomorrow and if I'm convinced the Short Term Trend is down I might consider a short trade on Monday.
End of week target 339,50. First half of this week will be weak, especially Wednesday, second half might be stronger. We will end the week slightly lower. These are of course all subjective forecasts.