Market Wrap (recording & summary)
Thursday’s market was caught between a relentless series of dueling headlines ahead of the afternoon’s government-shutdown votes. Retail buyers were also inhibited by shock and disappointment in not being greeted by the open gapping up. Price action was generally sloppy throughout the day. Behaviors and relationships were otherwise normal. Overnight choppiness projecting intraday choppiness was fulfilled. Relevant levels held tests through relevant windows, or were recovered. Although not required, there’s still potential for a probe of new highs before the bearish WedEX begins influencing Friday afternoon.
- Details and other markets coverage are discussed in the post-market Wrap recording here.
- Monitor overnight Globex trading in the chaRTroom here.
