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Market indexes are opening at – If, Then… Market Timing

Market indexes are opening at

By Rod David | July 29, 2014 - 9:44 am

Market indexes are opening at or above yesterday afternoon”s highs, which were themselves recovered from the morning”s sell-off. A retest of last week”s highs isn”t much further above — getting there is just a matter of resuming the rally, but that”s no small matter.

MJ stocks have several news items out, but price action seems more detached than enthusiastic. That”s not necessarily bearish, but it does suggest that things perk up within the hour to avoid being caught in malaise for the day.

I”ll add more post-open observations to this thread in the Activity Feed, and invite you to do the same.

Posted in Bigger Picture