Market Wrap (recording & summary)

Monday morning’s drop was signaled by the Globex setup — at least remaining under bearish pressure through the morning. That wasn’t enough to trigger bias-down, which was probed repeatedly anyway throughout the morning. Recovering into the noon hour held natural resistance at unchanged instead of probing into positive territory. But sellers couldn’t exploit the recovery’s hesitation, and the afternoon’s reaction down only attacked the morning’s low. One more bounce stopped short of signaling a hold-long, so Tuesday morning remains open to either direction, requiring neither, but still vulnerable to extending the rally.

Details and other markets coverage are discussed in the post-market Wrap recording here.
Monitor overnight Globex trading in the chaRTroom here.