Notice: Function _load_textdomain_just_in_time was called incorrectly. Translation loading for the disable-gutenberg domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /home4/jwl23/public_html/rd.johnlander.me/wp-includes/functions.php on line 6131
Pre-market Tour (recording & summary) – If, Then… Market Timing

Pre-market Tour (recording & summary)

By Rod David | October 7, 2016 - 9:20 am

Payrolls was greeted at the 2153.75 upper-end of overnight choppy ranging. Its knee-jerk reaction spiked up above this week’s highs to 2161.50. Its reaction down plunged to 2149.75.  The plunge has been retraced up to 2159.25, ranging around this week’s highs. Rallying post-open has no need for any further backing-and-filling below, but a momentary dip could still be absorbed and reversed back up durably. Filling the gap back to last Friday’s close in the 2160.00 area and then reversing back down under yesterday’s 2154.50 cash session close would be bearish.

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

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