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

Pre-market Tour (recording & summary)

By Rod David | July 8, 2016 - 9:19 am

Payrolls was greeted near overnight highs, in a narrowly ranging consolidation, centered around this morning’s 2096.75 bias-up signal. Its spike up to 2108.75 immediately neutralized yesterday’s 2103.25 unfinished business above. Reacting down to 2102.00 was recovered to 2110.00.

Now 2103.25 is being attacked as support.

Maintaining a gap up above yesterday morning’s 2102.00 high would enable trending up into the afternoon. Otherwise, today’s intraday trend still can reverse down if 2101.00 and 2098.25 don’t hold through the open.

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

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