Post-market Wrap (recording & summary)

The outstanding objective for this stage of the rally was 2068.00. Its test could have been avoided, but it was met, along with prior highs up to 2082.50. No overbought RSIs were left outstanding that might require a retest. The session ended with no higher objective above.

The 3:10-3:20 timing window did trend up to fresh session highs. That confirmed the bias environment’s exit above the noon hour’s high as gaining traction. (The final hour’s entry was still overlapping the bias environment’s high.) This traction tends to be rewarded by trending higher the following morning, but that’s less reliable having trended up so much already.

This being Wednesday of expiration week, the WedEX can trigger. Trending higher into the trigger is the basis for a bullish signal. Testing 2082.50 “prior highs” suggests the following session’s open may yet confirm or reject that. We’ll discuss that point a little more in the morning — it won’t be influential until noon Friday.

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

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