Post-market Wrap (recording & summary)

Friday morning was a downtrend. Its 2152.00 bias-down signal required a test for having held a test of the 2161.50 bias-up signal through 10:15. Thursday afternoon’s outstanding 2151.50 bias-down target had been neutralized overnight to within 3 ticks, but it was thoroughly tested anyway Friday down to 2149.00.

Then came the trend reversal. Friday afternoon’s bias environment was entered back at the noon hour’s high. Its exit began probing higher. And the position-squaring window was entered at 2157.00.

That was enough to consider the bullish WedEX a success. Monday morning should behave bullishly, too, and probably more aggressively. That didn’t protect from dropping into and out of the close to 2152.00 amid news of a coup attempt in Turkey.

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

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