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

Pre-market Tour (recording & summary)

By Rod David | September 28, 2015 - 9:19 am

The last failed bounce to 1912.00 had probed fresh lows attacking 1902.00. Now another recovering to 1912.00 is reacting down again. Intraday selling hasn’t yet responded to the overnight drops, and not much more to Friday’s late drop which was lightly attended.

While that can quickly devolve into a new downleg, we’ll be monitoring fresh lows for any signs of sellers having become absorbed. Meanwhile, bouncing right away without hesitation would still be vulnerable to reacting down to fresh lows.

Details and other markets coverage are discussed in the post-market Wrap recording here:
https://roddavid10.mitel-nhwc.com/join/jrcwzjf

Posted in Pre-market Tour, S&P