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

Pre-market Tour (recording & summary)

By Rod David | October 17, 2016 - 9:16 am

The overnight drop had entered a wide, choppy range largely contained by this morning’s 2118.00-2123.25 bias-down parameters. Bouncing through its upper-end has extended to retest Friday’s 2127.00 cash session close. RSIs are diverging negatively, but any bearish resolution must become obvious during the opening 15 minutes of volatility to have influence intraday. And now having bounced pre-open, resuming the decline should be obvious quickly. So, any delay in rejecting positive territory would tend to be bullish.

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

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