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

Pre-market Tour (recording & summary)

By Rod David | December 16, 2015 - 9:18 am

The overnight pullback from 2050.50 is trying to recover off of 2044.00. Ranging around the 2048.00 bias-up target is greeting the open. Gapping up above yesterday’s ~2046.00 highs is possible. Despite not gaining yesterday, resuming the rally is possible. Extending up to 2052.00 is possible.

But nothing is required. Even gapping up and initially extending higher would remain vulnerable to reversing down — but much, much less so if bias-up is renewed above its 2048.00 bias-up target at 10:15.

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

Posted in Pre-market Tour, S&P