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

Pre-market Tour (recording & summary)

By Rod David | November 2, 2016 - 9:19 am

The overnight recovery back up to 2104.00 has held, at least for a reaction down attacking 2098.00. Fitting. An opening test of 2098.00 would be predictive of the 2100.50 bias-down signal’s likelihood for triggering. But the bounce has reacted up to 2103.00. And recovering another couple of points through the open would be unlikely to trigger bias-down. Either way, even without the preliminary indication, 10 points either way is possible before this afternoon’s FOMC statement.

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

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