Post-market Wrap (recording & summary)

We were prepared for Wednesday’s drop because Tuesday’s late surge was sponsored by weak hands. By the same token, we’re expecting Wednesday’s late drop to be recovered, because it was sponsored by weak hands, too.

Tuesday’s late surge had waited until the final hour was underway, and buyers had failed already to gain traction. Wednesday’s drop to 2075.00 originated during a no-bias environment, making its sponsorship weak-handed. So, at least its 2091.00 bias-down signal must be recovered.

The 2075.00-2076.00 low had all of the necessary elements for a durable bottom. The price area wasn’t optimal, but RSIs diverged positively and price action was accumulative, so rallying to 2088.00 and 2091.00 is likely. Recovering them would be bullish.

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

This evening, monitor overnight Globex trading in the chaRTroom at, while also helping again to test the new platform. Let me know about your experience… CLICK HERE.