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Post-market Wrap (recording & summary) – If, Then… Market Timing

Post-market Wrap (recording & summary)

By Rod David | November 24, 2015 - 6:05 pm

Recovering the overnight dive was not surprising. Extending down to lower lows first was possible, and at one point it was probable, but ultimately not surprising that it didn’t extend down. Recovering, and recovering so much — probing well into positive territory — not that was surprising.

But not impressive.

Was the window for a pre-holiday corrective dip leveraged by the Turkey-Russia incident, or was it hijacked? The former seems to have run its course a little too quickly to be done. And the latter would keep the door open for another dive.

Volume will start evaporating exponentially at noon Wednesday. That can help to prevent another dive from extending too deeply or for too long to recover anytime soon. Greeting Wednesday’s open already trending above prior highs would suggest instead that the pullback had ended.

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

This evening, please try logging into the chaRTroom to help test this replacement, and let me know your experience:
OmniJoin (by Brother)

Posted in Market Wrap, S&P