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Overnight strength has continued overlapping – If, Then… Market Timing

Overnight strength has continued overlapping

By Rod David | May 27, 2015 - 9:24 am

Overnight strength has continued overlapping 2107-2108. Higher and higher highs have reacted back down under 2107-2108, so we can”t rely on gapping up to extend higher. And gapping up to 2107-2108 without extending higher would instead be likelier to trend back down this morning, and to probe yesterday”s 2096 lows by 2-3 points. Details were reviewed during the pre-market Tour, recorded here:
https://roddavid10.mitel-nhwc.com/join/vsmrpxc

Posted in S&P