Top 5 things on Friday

https://www.investing.com/news/economy/top-5-things-to-know-in-the-market-on-friday-1956882

The market is ready for a big rally this Friday from both technical and news respective. The big news is that Trump is going to call Xi again ! Techically, both VIX and TLT are signnficantly down, which is below 20 and 146 respectively. The future of SPX is already above the middle Bolling band in hourly chart. It is very likey that this bounce up can go as high as 2944, which is 50 day MA and middle Bolling band in daily chart for SPX. Key points to watch include: 2884 , 2906 (100 day MA), 2919 (daily uptrend line) and 2944.

Next Monday is a big day for Huawei, when the grace period for sanction will be expired. Whether it will be extended or not could determine if the market will go up further or retest 200 day MA next week.