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

Pre-market Tour (recording & summary)

By Rod David | October 27, 2015 - 9:19 am

The overnight dip to 2057.50 had neutralized the attraction below at 2058.50. But its reaction only formed a trading range. Its probe under yesterday’s lows wasn’t actually rejected. And now 2057.50 is being probed more deeply down to 2054.50.

The 2053.50 bias-down target is just 1 point lower. Holding its test through 10:15 can avoid renewing the bias-down signal. Reacting up from its test might even recover the 2058.50 bias-down signal through 10:15 avoid triggering it. Anything short of that is more vulnerable to extending lower to probe Thursday’s 2047.00-2048.00 “lower prior highs.”

Details and other markets coverage are discussed in the pre-market Tour recording here:
https://roddavid10.mitel-nhwc.com/join/fbkjpvx

Posted in Pre-market Tour, S&P