Post-market Wrap (recording & summary)
The morning bias environment’s probes beyond either end of the opening range were unusual volatility. Wednesday’s session had many influences left outstanding, which will be important to know about going into Thursday’s session. Among those that I described during the post-market Tour are:
- Morning’s fresh low was neither rejected nor extended.
- Symmetrical Triangle may have launched a false break.
- Afternoon drop was “no-bias trending” that requires recover.
- Inside day suggests sponsorship was weak-handed sellers.
- Yet the decline gained traction by its afternoon timing windows.
Almost any further downside would target a retest of Friday’s lows. Resuming the rally would likely start by gapping up sharply. Levels and objectives are discussed on the recording, and we’ll delve deeper into the likelier setups before Thursday’s open.
Details and other markets coverage are discussed in the post-market Wrap recording here.
Monitor overnight Globex trading in the chaRTroom here.