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Post-market Wrap (recording & summary) – If, Then… Market Timing

Post-market Wrap (recording & summary)

Thursday’s final hour entry flubbed the chance to confirm a sell signal under 2182.25. Its reaction up pierced a fresh high, coming once again to within 2-3 ticks of 2185.50. Rather than exploit the breakout attempt, price reversed back down into the afternoon’s range, probing a fresh low at 2180.25 after the cash session close.

That late fresh high was an opportunity to launch a new upleg, and was also flubbed. There seems to be very little short interest available to be squeezed. Pessimistic shorts would be bullish from a contrarian perspective. This is not. But it’s also not a sell signal — not yet..

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

Monitor overnight Globex trading in the chaRTroom here.