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

Pre-market Tour (recording & summary)

By Rod David | November 14, 2016 - 9:20 am

The drop from the 2174.50 overnight high has been retraced by 61.8% to test 2169.00. That’s also the preliminary signal whose recovery through 9:45 would suggest bias-up will trigger at 10:15. Nothing prevents the bullish scenario from rallying immediately post-open to extend the pre-open bounce. Rejecting the pre-open bounce need not develop so quickly, but back under 2163.50 would start to suggest at least a retest of Friday’s “lower prior highs.”

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

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