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Pre-open action has slipped a – If, Then… Market Timing

Pre-open action has slipped a

By Rod David | July 14, 2015 - 9:16 am

Pre-open action has slipped a little further than the earlier overnight lows. After recovering to yesterday”s 2094.75 high, a slide in reaction to Retail Sales has touched 2090.50. Gapping down is now likely. Rallying to new highs remains possible, which either would confirm yesterday”s breakout, or else form a bearish pivot reversal. Extending down remains possible, and the parameters and consequences for each were discussed during the pre-market Tour recording:
https://roddavid10.mitel-nhwc.com/join/kfyxtrc

Posted in S&P