Post-market Wrap (recording & summary)
[Click here for the Morning Bias]
Monday afternoon’s bias-down signal was almost rejected. Price had risen high enough, and soon enough, but then peaked… The 3:10-3:20 timing window could have confirmed the final hour’s entry above the bias environment’s high. Price was well-positioned again, but not optimistic enough to push higher… Then the last-minute surge avoided probing fresh highs into the close. More restrained optimism.
Recovering back to Monday’s 1969.00 high is already likely. Multiple instances of patient buying does makes the retest of Thursday’s 2011.75 high likely, too. Of course, trending up into Monday’s close would make a gap down under the afternoon’s 1948.75 low form a session-decline setup.
Details and other markets coverage are discussed in the post-market Wrap recording here:
https://roddavid10.mitel-nhwc.com/join/rkbpzvx
This evening, monitor overnight Globex price action in these chaRTroom links:
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