Notice: Function _load_textdomain_just_in_time was called incorrectly. Translation loading for the disable-gutenberg domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /home4/jwl23/public_html/rd.johnlander.me/wp-includes/functions.php on line 6170
Falling 12 points overnight to – If, Then… Market Timing

Falling 12 points overnight to

By Rod David | August 11, 2015 - 9:20 am

Falling 12 points overnight to test 2088-2091 wasn”t enough to satisfy sellers, so the drop had extended down to 2085.50. Bouncing to 2092 wasn”t enough to attract buyers, so the drop has extended again, down to 2080.50.

That was relevant resistance last Thursday, along with 2082.25 which was tested a couple of times before Friday”s open. Exiting this morning”s opening 15 minutes of volatility back above 2080-2082.25 would suggest that sellers were done — at least, for a corrective bounce up to 2088-2091.

More details and other markets coverage was discussed during the pre-market Tour, recorded here:
https://roddavid10.mitel-nhwc.com/join/kfyrjvy

Posted in S&P