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

Pre-market Tour (recording & summary)

By Rod David | July 28, 2016 - 9:16 am

The reaction down from 2168.50 extended down to 2156.50. Bouncing almost 4 points is at least greeting the open at 2158.00-2159.00, which has been relevant support. Quickly extending above 2161.50 into positive territory could at least test this morning’s 2167.75 bias-up signal. Not quickly rejecting the dip to 2158.00-2159.00 could equate to not holding it, putting into play a at least a test of yesterday’s 2152.00 knee-jerk reaction to FOMC, and lower.

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

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