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

Pre-market Tour (recording & summary)

By Rod David | November 13, 2015 - 9:20 am

After testing the 2034.50 bias-down target, a bounce to 2038.50 greeted 8:30’s econ reports. Its reaction blipped-down to a fresh low at 2033.50 and back up again to a fresh high at 2040.00. Just opening in positive territory above 2041.00 and extending higher could isolate selling to the overnight window so the morning could rally throughout. The 2039.75 bias-down signal could be recovered, regardless, to marginalize sellers for the morning, if not the day. But not already rallying through 9:45 or 10:15 would still be vulnerable to resuming and extending the decline.

Details and other markets coverage are discussed in the pre-market Tour recording here:
https://roddavid10.mitel-nhwc.com/join/tyfcwht

Posted in Pre-market Tour, S&P