Weekend Charting and Chat - 7th April 2017, page-2

The XJO closed slightly higher on Friday, where spread increased to about average, but volume remained below average.
The Index initially made a reasonable push higher soon after the open, possibly in response to the spring left behind after Thursday's trading.   However some overseas news filtered through during the late morning, which appeared to thwart the upside action, and soon brought price back to test for support around the previous close for the remainder of trading.
This leaves the week with Thursday's low volume downbar that closed in the middle, and suggested selling pressure was not particularly strong, and it also left behind a little spring - circled - which is still in play.   And now Friday's slight upbar, also on low volume, and also closed about the middle.  Friday's bar did make a higher high, and did not make a lower low when compared to the previous bar, which is a minor positive.  But opposing that on the potentially negative side, it appears the upwards thrust might have shortened considerably when compared to the last push higher in January (although that is not fully confirmed as yet).   It also appears that price has closed within a couple of points of the middle of the last two day's total trading range.  
So the raw trading of the last two bars is a bit ambiguous to say the least, however with the recent background being more strong than weak since the Trump shakeout, and price not even weak enough to come back and properly test the recent breakout so far, I will continue to sit with "sideways to up" as the suggested direction, at least until something more significant turns up to change that view.