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

Pre-market Tour (recording & summary)

By Rod David | September 22, 2015 - 9:23 am

The overnight plunge to 1928.25 was corrected back up to 1937.50. But it was too early to attract strong-handed buyers, so another downleg tested 1926.00.

1928.25 was recovered, suggesting that could have been last-minute capitulation. If that’s the cut from the same cloth as yesterday afternoon’s retrained optimism, then post-open action should barely hesitate before rallying. Potential attractions above are 1938.00 and 1945.00.

Not extending higher immediately would be vulnerable to resuming the decline. Remember, the next lower attraction is 1918.00. Details and other markets coverage was discussed in the pre-market Tour recorded here:
https://roddavid10.mitel-nhwc.com/join/pcrhvpz

Posted in Pre-market Tour, S&P