The 4/25 gap has been swallowed up on the poor jobs report and money coming off the table ahead of european elections. Volume is a bit higher than normal, but only just so. I expect SPY support between here and $136.90. The VIX is reeling in, so there may be some evidence of that taking hold, but down momentum is strong so… Lastly, USO has been absolutely taken out, now just above its 200-dma.
