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

Pre-market Tour (recording & summary)

By Rod David | November 8, 2016 - 9:11 am

Reacting back down to test 2123.50 hasn’t been retraced this time. Being this morning’s bias-down signal, not recovering it could extend down another 10 points. Similarly, holding its test would put into play an objective nearly 10 points above. The latter scenario would fulfill yesterday’s “session-long rally” influence by trending up the next morning, but this instance of the setup isn’t very reliable.

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

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