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

Post-market Wrap (recording & summary)

By Rod David | December 16, 2015 - 5:16 pm

Wednesday’s high ultimately reached 2068.75. The close dipped modestly to 2064.75. Every prior high that was tested along the way was recovered — no prior high’s test was rejected. After two consecutive trending days, that is a bullish WedEX.

Probing a prior high and closing back under it would have formed a passively bearish WedEX. That signal could be sent by proxy, gapping down Thursday under two prior highs.

A little bit of how that effects the bigger picture, along with other markets coverage are discussed in the post-market Wrap recording here:
https://roddavid10.mitel-nhwc.com/join/wzjpxyk

This evening when you can’t access the intraday chaRTroom platforms, here’s the OmniView link (we’re switching to it exclusively soon, so please confirm you can access it easily):
https://v7.omnijoin.com/join?dn=srt1

Posted in Market Wrap, S&P