Post-market Wrap (recording & summary)

Tuesday’s slide into the afternoon’s bias environment exit could have collapsed from there. Touching the 2171.50 pullback limit had already produced a bounce during the morning. And the cusp between timing windows allowed new sponsorship to gain traction.

But new sponsorship did not arrive, and the market bounced into the close. The setup was similar to Friday afternoon’s low. Which makes sense, since the market is still trading off of that setup. The bounce into Monday’s high was its extension. The question now is whether the reaction down into Tuesday’s lows is about to accelerate into a new downleg, or else resume extending late Friday’s bounce.

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

Monitor overnight Globex trading in the chaRTroom here.