Post-market Wrap (recording & summary)

Friday afternoon’s dip to its 2124.25 bias-down signal was probed down to 2123.00. RSIs were borderline oversold,. That held a test of the morning’s low, as much as it chipped away at its support. Its reaction up momentarily probed fresh session highs and touched 2134.00. Which held as resistance, after having gapped down under it. So, the distributive signal remains intact, distributive action persists, resistance held when it had an opportunity to recover, and any unfinished business is below.

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

I’ll send a link overnight to the Saturday Review, which begins at 9:30am ET.