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

Pre-market Tour (recording & summary)

By Rod David | September 24, 2015 - 9:20 am

The 19-point slide has extended its 1908.00-1914.00 consolidating beyond 2 hours as the open approaches. The template suggests resuming the decline without delay, targeting 1899.00. There is potential for bouncing first, but in that case probably only to test 1920.50 before reversing to fresh lows. Regardless of how a probe to fresh lows were to begin, it’s ultimate resolution is unknown without two pieces of information we’ll get this morning. Bouncing so much as to avoid fresh lows altogether would not be a credible bottom.

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

Posted in Pre-market Tour, S&P