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

Post-market Wrap (recording & summary)

By Rod David | March 23, 2016 - 4:03 pm

This being Wednesday before a 3-day holiday weekend, trending already underway is difficult to stop, let alone to reverse, before next week. This suggests that Tuesday and Wednesday’s lows are now resistance.

Thursday’s open always has a role to play by proxy. Gapping up above 2034.50 would be credible for extending back to the range’s upper-end. Otherwise, the drop’s potential objective is back down to 2009.00.

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

Monitor overnight Globex trading in the chaRTroom here.

Posted in Market Wrap, S&P