Post-market Wrap (recording & summary)

The afternoon bias environment’s bounce failed to invalidate its 2088.25 bias-down target. Not for lack of trying. Each successively higher requirement was challenged — 2093.50, 2097.25, 2100.50 — but not recovered through a relevant timing window. The balance of the session ranged flat-to-lower.

2088.25 can be met overnight, and Thursday’s open can be greeted in recovery mode. Overbought RSIs at Tuesday’s 2110.25 high still require a retest, probably up to 2113.00 or 2117.00. Or higher, having pulled back already on Wednesday instead of first neutralizing the attraction above.

Regardless of the overnight low, not gapping up would suggest Wednesday’s pullback is bleeding into Thursday. The rally has entrenched its objective at new highs, and shouldn’t close under 2088.00 more than once, if at all.

Details and other markets coverage are discussed in the post-market Wrap recording here:
https://roddavid10.mitel-nhwc.com/join/vsxptxp

This evening, monitor overnight Globex trading in the chaRTroom at:
non-xp ilinc