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

Post-market Wrap (recording & summary)

By Rod David | October 9, 2015 - 4:26 pm

Thursday afternoon’s buyers had gained traction, so strong hands knew the rally wasn’t reversing down. But typically they’re also rewarded for their, ahem, foresight. Yet neither Friday morning’s or afternoon’s bias environments trended up. Downside potential remains limited until probing higher highs — presumably up to 2019.50 since the attraction up to 2011.75 has been neutralized.

Monday’s government holiday introduces a wild card into the timing. But unless new objectives are created along the way, fresh highs is the next opportunity to end what is approaching a two-week old corrective rally.

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

  • There’s no Saturday Review this weekend, but Bigger Picture was addressed in the video linked above.
  • The chaRTroom will NOT be available for Sunday evening’s Globex open, not until after midnight due to travel.
Posted in Market Wrap, S&P