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

Pre-market Tour (recording & summary)

By Rod David | January 10, 2017 - 9:15 am

The bullish isolation setup is still forming, and must avoid probing under yesterday’s 2263.50 low. Preferably, entirely. Otherwise, immediately rejecting a quick dip.

If not exploited, a setup becomes as bearish as it would have been bullish (and vice-versa). Fulfilling the isolation setup would target new highs, albeit only 13-14 points higher. Rejecting the setup instead would reinforce Monday’s gap down, which otherwise spent the day like a deer in the headlights.

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

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