Post-market Wrap (recording & summary)
Was it, or wasn’t it? Only its hairdresser knows for sure. Specifically, was Thursday’s last-hour 10-point plunge from 2058.50 the exacerbated reaction to a non-event (college campus shooter spotted)? Otherwise, it was rejecting the bias environment exit’s breakout above 2052.00 as being false.
The alternative to closing above 2052.00 was to close under 2040.00. But 2040.00 held its last-minute test. If the plunge will be reversed, then it will be reversed overnight to gap up Friday above its 2058.50 origin — forming a “session-long rally” setup. Only the slightest opening weakness would confirm the plunge is extending down.
Details and other markets coverage are discussed in the post-market Wrap recording here:
https://roddavid10.mitel-nhwc.com/join/vsxykyb
Here’s the new OmniJoin version, all configured for us to test tonight. The other two are unavailable until the morning: CLICK HERE.
