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

Pre-market Tour (recording & summary)

By Rod David | August 22, 2016 - 9:15 am

The overnight probe above Friday’s high has been retraced back down to Friday afternoon’s ~2176.00 low. Friday afternoon’s rally from ~2176.00 had been retraced already overnight, so this extra dip is bordering on overkill. Holding its support or preferably reacting up sharply through the open would maintain the bullish WedEX expectation — if not also confirm it. Dipping any deeper through the open would be difficult to recover, let alone to reverse up.

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

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