Post-market Wrap (recording & summary)

Entering the afternoon’s bias environment at 2176.50 and trending up to fresh session highs at 2183.00 is entirely consistent with a bullish WedEX. While there’s no assurance Monday’s open won’t gap down, post-open action is now substantially more likely to trend up, too, and more aggressively than Friday afternoon.

Apart from that, no unfinished business was left outstanding. The open’s gap wasn’t under prior lows, requiring a retest. And the gap back up to Thursday’s close wasn’t filled entirely, but the lower-end of its structure was tested. The prior week’s range was broken only temporarily on Monday. Calm before the storm?

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

Join us at 9:30 am ET for Saturday Review in the chaRTroom here.