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

Pre-market Tour (recording & summary)

By Rod David | October 9, 2015 - 9:15 am

The pre-open recovery has extended to fresh highs, and also through the 2011.75 attraction to 2014.00. The 2011.00 bias-up signal (+/- 3 ticks) seems to be the bullish line in the sand whose recovery when it matters will matter a lot, with the next higher objective being 2019.50. Not recovering the 2011.00 area would suggest backing-and-filling this morning to delay rallying until the afternoon. I’m not a seller in positive territory, but exiting the open in negative territory would suggest testing the 1999.50 bias-down signal ahead.

Details and other markets coverage are discussed in the pre-market Tour recording here:
https://roddavid10.mitel-nhwc.com/join/tyftyjs

Posted in Pre-market Tour, S&P