Technical Outlook:

• Strong sell-off on S&P 500 (SPX) on Friday that resulted in a break of the 50-day moving average.
• Trend-line off of the all-time highs on SPX offered steep resistance on Thursday that ultimately resulted in Friday's sell-off. 
• Rising trend-line off of the February lows is back in play with a potential test area at 2124. 
• SPDRs S&P 500 (SPY) filled the gap on Friday, and looking to move back down towards the September lows. 
• SPY volume was slightly lower from the previous day's trading on Friday and was also below recent averages. 
• CBOE Market Volatility Index (VIX) finding support off of the rising support off of the August lows. 
• Crude (/CL) saw a steep sell-off on Friday and now looking to retest last week's lows. 
• SPX 30 minute chart appears ready to test the support at 2153 area today and at the market open. 

My Trades:

• Did not sell any swing-trade positions on Friday. 
• Added one new long position on Friday. 
• May add 1-2 new swing-trades to the portfolio today. 
• Currently 40% Long / 10% Short / 50% Cash

Chart for SPX: