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

Pre-market Tour (recording & summary)

By Rod David | January 15, 2016 - 9:28 am

Did I say 1881.00-1885.00? While its recovery through the open would still be bullish, that’s become a little more difficult since another downleg is now testing 1863.00.

Air pocket pierced.

It’s still early enough that counter-trend sponsorship can’t yet be discounted. And it’s singular direction overnight trending keeps open the door to post-open reversal. Oh, and this is expiration, so, wild card.

Counter-trend sponsorship being a no-show, and not immediately reversing overnight trending, could end the day sharply, sharply lower. The up/down-crash setup is in its crash window. Oh, and wild card.

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

REMINDER: I’m away today for a 60-90 minute window before returning for the last 60-90 minutes.

Posted in Pre-market Tour, S&P