Post-market Wrap (recording & summary)

The late-afternoon’s relentless downtrending extended from the 1993.00 session high to probe under the 1977.50 morning low by 6 ticks. The cash session close equated to 1977.25, bouncing almost 4 more points into the futures close.

Sellers gained traction not be exiting the bias environment under the noon hour’s low, but by trending down lower through the final hour entry and the 3:10-3:20 window. Gapping open Wednesday above the final hour’s 1986.50 high could invalidate that traction. Otherwise, not.

Having trended down through the cash session close, gapping up above the afternoon’s high could form a “session-long rally.” Opening any shallower would likely trend down much more aggressively.

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

Monitor overnight Globex trading in the chaRTroom here.