Post-market Wrap (recording & summary)

Thursday afternoon’s reaction down from 2175.50 was extended to attack 2162.00 during the position-squaring window. But the balance of the session only ranged narrowly around the close-quarters Double Top that had defined Wednesday’s late-afternoon high. Probing the prior day’s high and closing back under it is not a sign of strength. Closing AT the prior high isn’t really any stronger. So, extending the rally on this leg probably can’t afford much of a delay, or else a much deeper pullback will become likely.

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

Monitor overnight Globex trading in the chaRTroom here.