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

Post-market Wrap (recording & summary)

Tuesday afternoon’s two fresh afternoon lows had been maintained when coming to within 3 minutes of the cash session close. That makes a compelling hold-short through the close. But not optimal, since the final hour wasn’t entered under the bias environment low to gain traction.

Regardless, the morning’s 2175.25 bias-down target remains “unfinished business below”, likely to be tested down to 2172.00, possibly probed down to 2160.00 and lower.

Buyers gained no traction, so gapping up Wednesday above Tuesday’s 2182.50 high would enable trending back up. Which would be interesting, given that the close may form a WedEX signal.

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

Monitor overnight Globex trading in the chaRTroom here.