Post-market Wrap (recording & summary)
So, bearish WedEX was called onto the field after halftime, and ultimately controlled the 3rd quarter. It immediately drove price to a fresh session low at 2002.50, limited an afternoon bounce to 2014.50 to hold the noon hour highs, and then punished that effort with another new session low at 1998.50.
The 4th quarter performance should be fun.
That last drop to new lows satisfied the afternoon’s 2001.50 bias-down target that had been left outstanding. Its reaction up to “higher prior lows” was also reversed down to 1991.00.
Details and other markets coverage are discussed in the post-market Wrap recording here:
https://roddavid10.mitel-nhwc.com/join/zvvkmhs
I’ll send the Saturday Review link overnight. It starts at 9:30am ET.
