Thursday’s selloff created a second distribution with the late rally high at 2074 as potential resistance for Friday. Above that is the single print/spike base, bottom of upper distribution at 2077. Depending on Friday’s open that area could tell whether Thursday’s selling went low enough or is there more downside to come.

But Thursday’s low at 2065.25 was poor, with just one tick of excess and also exactly matching the low from April 18th, keeping the unfilled GAP at 2064/2058.50 in play.