Post-market Wrap (recording & summary)

A funny thing happened on the way to recovery highs…

Gapping up just enough to qualify for Thursday’s bullish scenario, surging substantially and then triggering bias-up, just couldn’t prevent sliding into the noon hour until the final hour.

The slide began too late and was too slow to prevent forming “unfinished business above” at the morning’s 2103.25 bias-up target. The session’s 2082.00 pullback limit didn’t require being tested, but it defined the session low anyway.

The final hour’s bounce attacking 2092.00 held at or under the morning’s bias environment lows. The near-term trend hasn’t reversed back up. Gapping above the prior session’s high would again be bullish, albeit much more difficult Friday.

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

Monitor overnight Globex trading in the chaRTroom here.