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

Pre-market Tour (recording & summary)

By Rod David | June 27, 2016 - 9:16 am

Two overnight attacks on Thursday night’s 1999.00 limit-down continue to delay its inevitable retest. That is optimism, which is potentially bearish from a contrarian perspective.

Meanwhile, the overnight interim bounce formed downtrending pivotal resistance that intersects with the open around 2013.00. Holding its test — preferably, already reacting down by then — would target fresh lows. Recovering it through 9:45, and preferably also 2016.75, could avoid triggering the bias-down. For now.

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

Posted in members-only, Pre-market Tour, S&P