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

Post-market Wrap (recording & summary)

The overnight drop extended a little post-open to come within 3 ticks of the 2082.50 bias-down target. Its reaction probed the 2089.00 bias-down signal up to 2091.25.

A good effort, but it didn’t last. And it didn’t extend.

Overlapping the 2089.00 bias-down signal at 10:15 invoked the grace period. It was touched again, literally 2 seconds after ending the 10:30 bar. I’m regarding this as a noN-bias — not a bias-down requiring fresh lows, nor a no-bias required to retest overnight highs.

In fact, another surge is attacking the post-open high to within 3 ticks. Back under 2087.50 would target fresh lows. Otherwise, this morning could rally back to unchanged.

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

Monitor overnight Globex trading in the chaRTroom here.