Post-market Wrap (recording & summary)

Thursday afternoon’s rally gained no traction for its effort, such as it was.bullish. The morning’s 2184.25 peak was retested off of the noon hour’s 2178.00 low. But despite that momentum, the afternoon bias environment trying to gain traction, and being within proximity of prior highs, no traction was signaled.

So, sellers weren’t marginalized but they weren’t productive. Extending higher without delay must gap up Friday. Not gapping up would be unlikely to extend higher before late-afternoon — which would be too late to fulfill the bullish WedEX signal. Gapping up is likely, but not gapping up could range narrowly around around Thursday’s high before rallying into the weekend.

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

Monitor overnight Globex trading in the chaRTroom here.