Post-market Wrap (recording & summary)

Wednesday’s last half-hour repeatedly overapped 1873.00-1874.75. This was the next lower objective under 1881.00. Its test was probed momentarily down to 1865.00 but that snapped back up to 1873.00-1874.75. Ranging around it encompassed 1969.00-1978.00.

All of that ranging, for all of the final hour. Without closing lower.  No lower objective was put into play, so no lower lows are required, so rallying overnight into a Thursday morning rally is possible.

But rallying overnight is the only path to a Thursday morning rally, since Wednesday afternoon’s drop gained traction for its efforts. Rallying just a little to 1882.00 and 1887.50 could still resolve down Thursday morning.

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

Monitor overnight Globex trading in the chaRTroom here.