Post-market Wrap (recording & summary)

The rally had its best opportunity to extend upon exiting Wednesday afternoon’s bias environment. But trending up to a fresh session high at 2119.75 was retraced into the final hour’s entry. Its reaction down held 2116.50, but the balance of the session only ranged choppily sideways.

Another missed opportunity to extend the rally was not to close above 2119.00. And not for lack of trying — or, at least, lack of proximity. Bouncing from the 2116.50 dip up to 2119.00 only reacted back down. Closing above 2119.00 would have started signaling resistance was deteriorating.

Meanwhile, “unfinished business below” was left outstanding from the morning at 2106.50. But if still not resolving down Thursday morning, the rally becomes more likely to extend higher up to 2125.25.

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

Monitor overnight Globex trading in the chaRTroom here.