Post-market Wrap (recording & summary)
The minimum pullback objective at 2173.50 was tested during the noon hour. Its reaction up to 2177.00 has returned to a fresh low under 2172.00. But only momentarily, so far.
It’s too late for strong-handed sellers to produce the substantial reversal they could have created if more influential this morning. But under 2170.75 would still target 2166.00, and just a little lower than that could still pretend to collapse. Back above 2177.00 would all but marginalize sellers for the day. The balance of the session need not rally, but could still firm into the close.
Globex will open normally Sunday night despite the holiday. The chaRTroom will re-open normally then, too, and I’ll be available to update charts as needed… I’m gone for the balance of the session, but the chaRTroom remains open.
Details and other markets coverage are discussed in the post-market Wrap recording here.