Post-market Wrap (recording & summary)

Is this leg coming to an end? Its 2011.75 objective was attacked to within 3 ticks Thursday afternoon. That was last month’s high, printed during Fed Chair Yellen’s press conference. The attraction back up to it was put into play earlier this week by probing the lower-end of that session.

A late reaction down still managed to close above 2000.00 to keep alive potential for extending higher Friday. Thursday afternoon’s buyers gained traction, which also keeps alive that upside potential. None of which prevents initially dipping overnight, or even through the open.

So long as sellers don’t retake control anyway Friday, the retest of 2011.75 should visit 2019.00. Retesting 2011.75-2019.00 early enough could  reverse down sharply into the weekend.

Details and other markets coverage are discussed in the post-market Wrap recording here:
https://roddavid10.mitel-nhwc.com/join/wzjvsbj

This evening, monitor overnight Globex trading in the chaRTroom at:the ilinc room only…   non-xp ilinc