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

Pre-market Tour (recording & summary)

By Rod David | January 6, 2016 - 9:25 am

Lower lows to 1972.25 overlapped the 1973.75 potential. Its brief retest to 1971.25 was quickly recovered up to 1978.50. These are the open’s relevant price points…

Testing only 1973.75 before recovering above 1978.50 could be rewarded by extending higher another 20 points to 1998.00. Bouncing from a test of 1972.25 would be likely to fail, and simply extending under 1971.25 would target 1965.25… if not also much, much lower.

Be careful. Be cautious. Be skeptical. And be prepared.

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

Posted in Pre-market Tour, S&P