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

Pre-market Tour (recording & summary)

By Rod David | June 29, 2016 - 9:16 am

Yet another single-minded relentless overnight rally. Yet higher highs greeting this morning’s open, now testing 2045.00.

Similar setups that appear sequentially tend to resolve differently. Yesterday’s open hovered momentarily, and then surged into the bias environment, which retraced back down to fresh post-open lows. So, this morning’s action should either trend up immediately and relentlessly, or else trend down exclusively.

None of which speaks to degree — don’t be too quick to fade early trending, not without a target being met and technicals not confirming.

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

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