Comments on: Post-open Review… Choppy seas, behind?

By: Rod David

Rod David — Thu, 01 Oct 2015 20:02:19 +0000

In reply to Steve Marriott. Today's midday update was a little later because the post-open review was later. The pre-close view is an hour before the close, and any earlier wouldn't have information about the last timing window's origin that defines the post. It sounds like what you're looking for is in the chaRTroom.

By: Steve Marriott

Steve Marriott — Thu, 01 Oct 2015 19:10:40 +0000

In reply to Rod David. Has there been enough of a downside test of the downside to 'liberate the bulls'? (sure would be nice to have the Mid-Day Update and Pre-Close View posted earlier)

By: Rod David

Rod David — Thu, 01 Oct 2015 17:11:40 +0000

In reply to Steve Marriott. Yes and yes... That should have read bearish. Also, not that Tuesday's lows will be retested today, but the sooner they're tested the more potential for holding that test to form a more durable rally.

By: Steve Marriott

Steve Marriott — Thu, 01 Oct 2015 16:28:01 +0000

“Exiting the bias environment under 1899.75 would have been bullish. Now entering the noon hour under 1997.00 would compensate for the delay.”
Am I correct to assume that you meant to say [short term] ‘bearish’ in the statement above?
The following question may still be premature since the market still hasn’t even tested yesterday’s lows yet, but will this pullback still have a bullish intermediate affect by neutralizing the attraction to the beginning of the rally leg from Tues close (previously, you had said that the sooner the market could accomplish this, the better)?