Post-market Wrap (recording & summary)

The decline steepened during the afternoon. Opportunities to avoid extending the decline were ignored. Final action in the close never became capitulative, which isn’t bullish from a contrarian perspective.

Having finally broken free from testing the noon hour’s 2049.00 low, a 9-10 point probe was likely. That was met, but only barely, and only after the close. It’s more vulnerable to extending down than to reversing, next targeting 2034.50 and 2032.00. And they’re in-play without delay so long as bounces hold 2050.00.

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

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