Post-market Wrap (recording & summary)

Holding up through the afternoon’s no-bias environment wasn’t required to resolve Thursday. But resolving up anyway would have targeted 2106.00. It was touched just minutes after the cash session close.

That was pretty quick to neutralize a near-term objective put into play less than 30 minutes earlier. This morning’s 2099.50 target was met almost as quickly. All after gapping up sharply, and then pulling back shallowly.

Optimism. Possibly, excessive optimism.

The rally fulfilled buying pressure intraday. No traction was gained for its efforts. Extending higher Friday before late-afternoon requires the open to gap up.

Overnight action should be interesting as vote results are reported.Higher highs have potential to 2015.00. A reaction down has room to 2088.00.

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

Monitor overnight Globex trading in the chaRTroom here.