Closing back above 2098 and

Closing back above 2098 and attacking 2101.50 suggests that Friday afternoon”s sellers didn”t accomplish anything. Only exiting the bias environment under the noon hour suggests they didn”t gain traction for their efforts. But no prior high or other relevant resistance was recovered to confirm.

So, assuming that sellers haven”t retaken control, Friday”s repeated tests of 2105.50 may have chipped away at the last of its resistance. Tested pre-open, post-open, and then through much of Friday”s mid-section, attacking it again should be able to slide easily above it — presumably overnight, for another gap up that actually does extend intraday.

We”ll discuss that setup and others during this weekend”s Saturday Review, along with reviewing your stock chart analysis requests. I”ll send you the link in the morning. Meanwhile, here”s Friday”s post-market Wrap recording:
https://roddavid10.mitel-nhwc.com/join/jrcbptr