Post-market Wrap (recording & summary)

A “new Globex trend extreme” at 2071.50 had created the requirement for its eventual intraday retest. It was met in an attack on 2074.00 as Wednesday morning’s bias environment began lapsing.

A new trend high close two Fridays ago at 2065.00 had created the requirement for another eventual new trend high close. This was satisfied along the way to 2077.00.

The next higher objective above 2073.00 is 2082.25. Not a requirement, but an attraction. And it’s likely to be met — even if only overnight to establish another new Globex trend extreme, or after a gap down Thursday is recovered.

There is otherwise no unfinished business above, other than the ongoing rally likely to print new highs.

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

Monitor overnight Globex trading in the chaRTroom here. [SPECIAL NOTE: Charts will be unavailable between 6:30-8:30 ET tonight.]