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

Post-market Wrap (recording & summary)

By Rod David | May 27, 2016 - 4:35 pm

Yellen’s comment had triggered a plunge to 2089.75 whose oversold RSIs required a retest. Its retest launched a two-hour rally up to fresh highs. Post-close action barely nicked the lower-end of its potential to 2098.00-2099.00.

All “unfinished business above” is neutralized, but trend extremes rarely occur into or out of holiday weekends. We discussed more of the bigger picture during an expanded post-market Wrap (as there is NO review this weekend).

Please enjoy a safe and happy Memorial Day weekend.

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

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