Post-market Wrap (recording & summary)

Buyers didn’t gain any traction for Tuesday’s efforts. That’s based on the bias environment’s exit still overlapping the noon hour’s range, and the final hour’s entry overlapping both. And that’s surprising, considering their rescue of the morning’s dive.

The morning’s dive was sponsored by weak hands, so its recovery wasn’t surprising. Its reversal stopped 3 ticks short of the 1982.75 overnight high, not necessarily due to pessimism, so a higher high isn’t required. But it wouldn’t be surprising.

None of which equates to being a sell signal. But extending higher without one would all but require gapping up, or at least probing higher overnight.

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

Monitor overnight Globex trading in the chaRTroom here.