Post-market Wrap (recording & summary)
Too much of a good thing? Monday afternoon’s rally gained traction by exiting the bias environment above the noon hour’s high and entering the final hour even higher. That represented 10 points of the rally. The final hour trended another 10 points to fulfill the intraday rally’s next higher objective at 2049.25.
Was that already enough reward for the afternoon traction? Trending higher overnight wouldn’t make it any more stable. The most bullish scenario would inject a little pessimism for a pullback to 2035.00. Then trying to extend higher Tuesday morning would be credible for trending.
Details and other markets coverage are discussed in the post-market Wrap recording here:
https://roddavid10.mitel-nhwc.com/join/tyfjzfh
This evening, monitor overnight Globex trading in the chaRTroom at:
non-xp ilinc
