Post-market Wrap (recording & summary)
Friday afternoon’s slide to 2038.50 fulfilled the likelier bearish scenario by only probing into the prior Friday’s range. A plunge to new lows was the less likely bearish scenario. The opportunity for a short-squeeze signal had long since passed, so the balance of the session ranged flat-to-higher back up to 2044.50. But the dip was recovered back above last Friday’s highs. Closing inside its range without having touched its low requires an almost immediate reaction — regardless of which direction.
Details and other markets coverage are discussed in the post-market Wrap recording here.
