Post-market Wrap (recording & summary)
Friday’s session didn’t accomplish much. It was more lightly-attended being the Veteran’s Day holiday, and a Friday. Limited sponsorship led to an Inside Day, despite beginning with a gap down. It’s still only “ineffectual pessimism,” which tends to be bullish, but has yet to be exploited.
Nothing was changed by Friday’s price action. Wednesday night’s test of the 2180.00 objective may stand, but it’s still likely to be tested intraday. And it’s still likely to hold that test, with or without probing it up to 2185.00-2186.00.
We’ll discuss that setup and others, and closely examine how Tuesday night’s plunge affects the bigger picture, during this weekend’s Saturday Review. I’ll email a reminder and link overnight.
Details and other markets coverage are discussed in the post-market Wrap recording here.
