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

Market Wrap (recording & summary)

Friday morning left “unfinished business above” at 2730.75. Testing it early enough would have left the afternoon vulnerable to retesting the morning’s lows. They were retested anyway, and without the bother of rallying intraday.

Intraday selling resumed at noon, literally not until the morning’s bias environment had fully lapsed. The morning’s 2716.25 lows ultimately held an afternoon test down to 2713.75. A late bounce touched 2722.00 at the close. Sellers weren’t absorbed, despite the usual seasonally bullish influence of a 3-day holiday weekend.

Globex opens normally Sunday night and trades through Monday’s noon hour. I’ll monitor for any necessary or helpful updates.

Details and other markets coverage are discussed in the post-market Wrap recording here.
THERE IS NO SATURDAY REVIEW THIS HOLIDAY WEEKEND.