Post-market Wrap (recording & summary)

Sellers gained traction Monday afternoon after exiting the bias environment under the noon hour’s low. Already trading 10 points under the morning’s 2092.50 high, attracting new sponsorship wasn’t assured.

But the 3:10-3:20 window confirmed at 2081.00, and the drop extended down to 2074.75. That’s “lower prior highs” from Wednesday’s FOMC session — both before its reaction, and after.

And it’s natural support.

Now that anxiousness ahead of Yellen’s Senate testimony has been discounted, another bounce overnight is possible. Early Tuesday may be difficult, with Yellen’s remarks being released at 10:00am.

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

Monitor overnight Globex trading in the chaRTroom here.