Post-market Wrap (recording & summary)

(Please disregard any strange emails you received earlier, as my marketing person loaded the wrong mailer… Sorry!)

The afternoon’s bias environment wasn’t exited above the morning’s high, making further upside more difficult, if not unlikely. But buyers had barely tried to probe higher, so there wasn’t much failure deserving a bearish consequence. So, the balance of the session was contained within the afternoon bias environment’s range.

The afternoon bias environment had probed above the morning’s high, and failed. That was an unsuccessful effort. But it didn’t result in a probe under prior lows, or in any downleg. This keeps the door open to rallying Tuesday — unless sellers retake control immediately.

Neither buyers nor sellers gained traction for their efforts Monday. So, gapping open in either direction would be credible for extending in that direction. Not gapping would be more difficult to extend before the afternoon.

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

This evening, monitor overnight Globex trading in the chaRTroom at:
non-xp ilinc