Post-market Wrap (recording & summary)

WedEX triggered a passive bearish signal between Wednesday’s highs having tested the 2082.50 prior highs, and Thursday’s open hovering lower.Probes of fresh highs intraday are possible, much like Wednesday’s night’s rally to 2089.25. Probes of fresh highs are also likely to fail, again much like Wednesday’s night’s rally.

And come Friday afternoon, actual downtrending would be likely. Counter-intuitively, Any potential for the signal to invert up would depend greatly on gapping open sharply, whether up or down. The flatter the open, the less potential to invert the passive bearish WedEX.

Thursday left outstanding unfinished business below at the morning’s 2072.00 bias-down signal. The session’s pattern wasn’t accumulative and never succeeded at breaking higher, despite repeated tries. Friday’s open could make up for lost time, if the overnight action hasn’t yet.

Details and other markets coverage are discussed in the post-market Wrap recording here:

https://roddavid10.mitel-nhwc.com/join/wzjhscj

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