It will be inside day for the next many days. It will probably swing between 4900 & 5500. That band is actually very wide (12%). So it should be great for day trading (provided the market moves smoothly/decisively).
Globex volume back to "normal' currently but I notice Friday's total daily volume was the lowest since March 27th or 11 trading days. Sure the volatility is subsided some but typically volume picks up somewhat after a strong bottom has been made. It hasn't, at least not yet. And Friday's range was an Inside Day. So ????