S&P 500 Apr 25 to Apr 29 Outlook

Recap
The gap down to below B-1 had cleared the weak bulls quickly. Turning the original expectation of a consolidation in the lower price level unncessary.
The immediate rally had trapped shorts squeezed hard and the gap up on Wednesday cleared all the lower resistance levels in one shot. Early closing on Thursday tagged B+1 to finish the week.

Outlook
Again, no signs of accumulation, no buying in the underlyings. After the remaining shorts are squeezed out, expect freefall back down to the gap area.
In short, there is still no direction established thus daytrading is the preferred way to engage this market environment.