Post-market Wrap (recording & summary)

The week began by falling back into the same range as last Tuesday’s horrible session. The template behaved the same way this week, with Its quicksand keeping price down for much of the day, and a last-minute recovery lifting out of the range.

There is now no bullish reason to revisit Monday’s 2156.00-2158.00 lows. Probing lower would intend also to break under last week’s lows on the way to a much deeper level.

Almost any initial strength Tuesday would be likely to probe fresh intraday highs, retesting Sunday night’s highs up to 2171.25  and 2175.50. They don’t require intraday retest, but their retest is likely, anyway.

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

Monitor overnight Globex trading in the chaRTroom here.