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Overnight action didn”t extend Friday”s – If, Then… Market Timing

Overnight action didn”t extend Friday”s

By Rod David | April 6, 2015 - 9:23 am

Overnight action didn”t extend Friday”s plunge, but retraced it only partially. Now, last-minute action is at its highest level, piercing 2048.00. Exiting the open at 9:45 above 2050.50 would be credible for extending higher, but already recovering 2053.00 would be better. And now that 2048.00 is being touched, back under 2045.00 would suggest this last-minute optimism is ineffectual, needing to retest Friday”s low. It will all be over soon… Here”s the pre-market Tour recording:
https://roddavid10.mitel-nhwc.com/join/kfppwww

Posted in S&P