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

Pre-market Tour (recording & summary)

By Rod David | October 25, 2016 - 9:17 am

The 2149.75 overnight high’s reaction down to unchanged had bounced off of 2144.00. That reached 2147.25 before reversing down to a fresh overnight low at 2143.00. And not only a fresh overnight low, but also testing yesterday’s late last relative low.

Isolating the probe above yesterday’s highs to the overnight action would be a big first step to trending down sharply intraday. Despite all of the bullish elements I describe in this morning’s Tour, that could make the difference today between extending the recovery, and resuming the decline.

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

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