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Post-market Wrap (recording & summary) – If, Then… Market Timing

Post-market Wrap (recording & summary)

By Rod David | December 23, 2016 - 4:25 pm

Friday morning’s dip was targeting 2254.00, which was attacked to within 1 tick before quickly reversing back up 3 points. The next three hours barely firmed another 3 but the last 30 minutes surged to 2260.25. The close was flat-to-higher, within 3 ticks of the overnight high. None of which has any predictive value.

The low-volume session wasn’t going to do anything predictive, even if it had trended at all. No new unfinished business was created or left outstanding. No hold-long or hold-short, and no trading until Globex re-opens Monday evening.

Have a Merry Christmas, and a Happy Chanukah weekend!

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

[There is NO Saturday Review this weekend. Tuesday’s Bias Parameters will be published after the Globex re-opens.]

Posted in Market Wrap, members-only, S&P