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

Post-market Wrap (recording & summary)

Reacting down from the 2105.25 high fell back to and through 2101.00 and 2099.75 to test the open’s 2096.25 highs by 3 ticks. It was a singular downleg, originating from the high print, so it’s probably just a warning shot. Reacting down from the high’s retest would be more capable of extending down deeply.

Unfinished business below was left outstanding at 2088.25. Testing it first, before retesting the high, would not prevent retesting the high later. And it would be easier to extend higher. So the more bullish scenario is probably down, first.

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

Monitor overnight Globex trading in the chaRTroom here.