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

Pre-market Tour (recording & summary)

By Rod David | October 28, 2016 - 9:16 am

The overnight drop back up yesterday’s 2127.75 cash session close had been completely recovered. A blip-up touched yesterday’s 2129.50 again, and reacted down to within 1 tick of 2123.25. Holding or not holding a test of 2123.25 through the open would make the 2125.25 bias-down signal less or more likely to trigger, respectively. Simply avoiding negative territory would make a short-squeeze likelier, too. Otherwise, there is plenty of downside potential into and out of the weekend.

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

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