Post-market Wrap (recording & summary)

Monday’s least likely scenario was a last-hour rally. But entering the final hour at 2068.00 support only attacked 2065.00. That reacted up sharply into the position-squaring window, and through it, probing fresh afternoon highs at 2077.50.

The afternoon’s pattern had formed an Ascending Triangle up to 2072.00 capable of launching the final hour’s rally. But it broke lower instead, under 2068.00 down to 2065.00. That did not qualify as fulfilling the break, so rallying already was premature — this construct is what I’m referring to as an unstable base.

The final hour’s rally can resume Tuesday, if it extends higher overnight. The bias environment exit and final hour’s entry didn’t gain traction, so new sponsorship forcing a gap up is the only way to avoid probing under Monday’s 2062.00 low.

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

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