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

Post-market Wrap (recording & summary)

By Rod David | November 5, 2015 - 4:25 pm

Thursday afternoon’s chop was a predictable product of anxiousness ahead of Friday morning’s Employment Situation report. The influential news is being greeted from a pullback that held 2088.00 as support. This followed two consecutive closes above 2088.00 (and an interim session that avoided it altogether). If 2088.00‘s recovery is relevant, then Friday’s news reaction should resume rallying into the weekend. Otherwise, breaking back under 2088.00 would signal a deeper drop underway — still probably just a detour on the way to temporarily probing new highs.

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

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

Posted in Market Wrap, S&P