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Pre-market Tour (recording & summary) – If, Then… Market Timing

Pre-market Tour (recording & summary)

By Rod David | April 1, 2016 - 9:14 am

Knee-jerk reaction to the pre-open Employment Situation report blipped-up a couple of points to 2046.25. Ranging there for several minutes ultimately resolved down 2039.25, and its reaction has resolved down to 2036.50.

Avoiding 2032.00 could depend upon opening above 2039.25, and trending up through the morning could depend upon exiting the open above 2044.50. Otherwise, 2032.00 could be the last line of defense against trending down relentlessly into the afternoon.

Details and other markets coverage are discussed in the pre-market Tour recording here.

Posted in Pre-market Tour, S&P