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Last night”s very narrow range – If, Then… Market Timing

Last night”s very narrow range

By Rod David | August 27, 2014 - 8:49 am

Last night”s very narrow range is foreshadowing the waning interest ahead of a three-day weekend. That”s not helpful at new highs, where indexes sit. But neither is it a sell signal — not without extending down this morning to suggest that sellers are exploiting the rally”s hesitation.

Join me at this morning”s Livedesk for an overview of the broader market as it tries to defend new highs. I”ll discuss the daily stock signals that are starting after the Labor Day weekend. And we”ll review stock patterns currently of interest.

Meanwhile, look for my post-open observations on this thread in the Activity Feed.

Posted in Bigger Picture