Post-market Wrap (recording & summary)

Monday’s session was too narrow to offer much information. But for being so narrow, it accomplished a lot. And some of what it accomplished was the creation of objectives that were left outstanding — i.e. “unfinished business,” both above and below.

A test of the morning’s 2132.25 bias-up signal was put into play, but only attacked to within 3 points. The afternoon’s 2116.00 bias-down target was put into play, and attacked to within 2 points.

Buyers didn’t gain traction, so rallying requires gapping up, above 2129.00-2130.00, and also above 2132.25 if touched during the open. Holding a test of 2132.25 could slingshot the market back down under Monday’s lows. And that would target a retest of Thursday’s 2107.75 low down to at least 2105.00.

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

Monitor overnight Globex trading in the chaRTroom here.