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

Pre-market Tour (recording & summary)

By Rod David | September 21, 2015 - 9:23 am

Surging 5 points to 1964.25 just after publishing The First Trade blog post has reacted down 6 points to 1956.25 pre-open. That helps to restrain optimism. But only to a point, because much deeper could simply resume the decline post-open.

1956.25 is reasonable for a pre-open pullback low. But there is room down to 1953.25 before signaling a new downleg underway. Back above 1960.50 and 1962.25 should signal the recovery has resumed, presumably to fulfill the bullish WedEX by rallying aggressively.

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

Posted in Pre-market Tour, S&P