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

Post-market Wrap (recording & summary)

The final hour’s break under the morning’s 1918.50 low had extended quickly down to 1915.75. Bouncing back above the prior lows didn’t hold up — it was retraced down to 1917.00.

And there’s still room down to Friday’s “lower prior highs” around 1914.50 to still be a healthy corrective leg.Gapping back up above 1926.00 would be more bullish.

Otherwise, a durable downleg remains unlikely at this stage. Having said that, extending under Friday’s 1 lows would be difficult to recover any time soon.

Details and other markets coverage are discussed in the post-market Wrap recording here.

Monitor overnight Globex trading in the chaRTroom here.