Post-market Wrap (recording & summary)
No traction was gained during Wednesday afternoon timing windows. The bias environment exit was probing above the noon hour’s highs, but the final hour’s entry did not better. Much like Tuesday afternoon’s setup.
Buyers were rewarded by fulfilling the rally’s potential up to 1920.00. Still testing it or overlapping it at Wednesday’s close has avoided putting into play any higher targets. Extending higher Thursday without delay would require gapping up. Much like Tuesday afternoon’s setup.
Similar setups that appear consecutively tend to resolve differently from each other. This would seem to doom gapping up, if not preclude gapping up, at all. Also, since WedEX triggered actively bullish to suggest that Friday afternoon would rally, buyers can rest on their laurels with that downside protection.
Details and other markets coverage are discussed in the post-market Wrap recording here.
Monitor overnight Globex trading in the chaRTroom here.
