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

Post-market Wrap (recording & summary)

Monday was a second consecutive non-trending session. But it didn’t start by gapping up like Friday, and it didn’t gap down, so we know that buying pressure isn’t expended. Anyway, higher objectives remain outstanding — from a third higher close, to the rally’s 2088.00 objective.

None of which prevents probing lower Tuesday, whether by trending or by gapping down. In fact, Monday morning left outstanding “unfinished business below” at its  2058.50 bias-down target. But it was an inside day, as was the overnight action, so gapping open in either direction Tuesday would be likely to extend.

Details and other markets coverage are discussed in the post-market Wrap recording here:
https://roddavid10.mitel-nhwc.com/join/bwhfjfh

This evening, monitor overnight Globex trading in the chaRTroom at:
non-xp ilinc