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

Post-market Wrap (recording & summary)

By Rod David | April 22, 2016 - 4:32 pm

This morning’s plunge was recovered throughout the afternoon. But it stopped short of touching Thursday afternoon’s highs. Pessimistically short. And that’s potentially bullish from a contrarian perspective. Unfinished business above left outstanding at 2092.00 can attract Monday’s open and extend it into a probe of fresh highs that tests 2110.00. Meanwhile, delaying an upleg would be attracted down to Friday’s oversold RSIs at 2075.00, and potentially lower to 2067.00.

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

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Posted in Market Wrap, members-only, S&P