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A 5-6 point final hour – If, Then… Market Timing

A 5-6 point final hour

A 5-6 point final hour dip isn”t very relevant when post-open rally gained 31 points. That streak made the final hour unlikely to reverse the trend back down. In fact, the morning bias environment”s 2073 high wasn”t touched until the final minute. That final minute also fulfilled the 2073.25 target of the late 2077.25 sell signal. So, sellers expended all available energy during a window that wasn”t going to gain them control. Firming immediately would be credible for extending higher overnight. There is otherwise room down to 2066 without sellers gaining control, which would all but require gapping down sharply, e.g. under 2061-2062… More in the post-market Wrap recording:
https://roddavid10.mitel-nhwc.com/join/shkkxck