Post-market Wrap (recording & summary)

Tuesday’s probe under 1890.00 proved deep enough. For Tuesday. Having stopped short of recovering the last downleg’s 1899.00-1900.00 origin, the late bounce was not sponsored by strong hands.

The last downleg’s 1899.00-1900.00 origin wasn’t even touched during the late bounce. That’s pessimism, which can be bullish from a contrarian perspective.

Wednesday’s first trending attempt is vulnerable to being a false break that reverses more substantially in the opposite direction — especially if the first break is being reversed already during the opening 15 minutes of volatility.

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

Monitor overnight Globex trading in the chaRTroom here.