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Market Wrap (recording & summary) – If, Then… Market Timing

Market Wrap (recording & summary)

Gapping up Thursday above the morning’s 2752.00 bias-up signal had rejected Wednesday’s inability to recover positive territory. And it also created the consequence of retesting Tuesday’s 2760.00 high. There was already an attraction above at 2765.25, which the morning’s wide swings all but required being met. Two afternoon timing windows tested and retested it, dipping 3 points in the interim. But it was the position-squaring window that finally broke higher. The cash session closed equated to 2768.50 and futures extended another 6 ticks higher through the close.