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

Pre-market Tour (recording & summary)

By Rod David | January 9, 2017 - 9:14 am

The overnight dip to 2267.75 reacted up to 2270.50. But only temporarily. Retracing it entirely back to the bounce’s origin is now poised to probe lower. The bias-down signal is only about 2 points lower, and holding its test by 10:15 to trigger no-bias could be bullish, putting into play an offsetting test of the bias-up signal. While that wouldn’t be assured of extending, let alone of being fulfilled, triggering bias-down would more likely extend into a deeper pullback.

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

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