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

Post-market Wrap (recording & summary)

Monday afternoon’s 2057.75 bias-down signal was probed during the no-bias environment down by 3 points. Bouncing into the final hour was reversed to retest the low by another 3 ticks. The close settled back at 2057.75.

Even in the final minutes, sellers gained no traction for their effort. That could have been a completed correction, if only the lows had tested relevant support during its no-bias trending. Instead, selling pressure wasn’t impressive enough to suggest that buyers were more impressive to have absorbed it.

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

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Monitor overnight Globex trading in the chaRTroom here.