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

Post-market Wrap (recording & summary)

Attacking either end of the range again was likely to probe beyond it. The range’s upper-end was the lucky recipient of that attention, Its 1856.50 highs were broken on the way up to attacking 1864.00.

Lest that sound the decline’s all-clear, a late reaction down attacked 1844.00. Tuesday’s super-volatile session was super volatile into its last 20-point drop.

Gapping up Wednesday above Tuesday’s late high would target Friday’s higher prior lows around 1868.00, and probably higher to also test 1888.00. Otherwise, opening under 1840.00 could find the decline having resumed before Fed Chair Yellen clears her throat during her congressional testimony.

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

Monitor overnight Globex trading in the chaRTroom here.