Post-market Wrap (recording & summary)

The afternoon decline’s 2156.50 objective was tested and retested, with RSIs diverging positively on the latter. A couple of pops up into and out of the cash session close retraced up to 2159.50. Its recovery during the position-squaring window would have triggered a squeeze. And not closing back at last week’s highs around 2157.50 would have combined bullishly with the open’s gap up. Instead, resuming the rally Tuesday now requires gapping up to and/or through Monday’s 2163.50 high. The alternative would be to back-and-fill lower again.

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

Monitor overnight Globex trading in the chaRTroom here.