Post-market Wrap (recording & summary)

Thursday afternoon’s rally from 1958.00 exited the bias environment probing fresh relative highs, but still within the noon hour’s range. Entering the final hour higher tried gaining traction, but the 3:10-3:20 window failed its attempt to trend higher. That didn’t prevent extending to fulfill the required retest of 1981.75, probing it by 2 ticks.

So, the attraction above is neutralized. The opportunity to gain traction wasn’t exploited. And the close avoided recovering a relevant level, which keeps alive the topping template. Meanwhile, Friday morning’s relentless plunge was a glimpse of the character expected if and when the trend reverses down.

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

Monitor overnight Globex trading in the chaRTroom here.