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Retracing yesterday”s late plunge was – If, Then… Market Timing

Retracing yesterday”s late plunge was

By Rod David | March 11, 2015 - 9:23 am

Retracing yesterday”s late plunge was last night”s first order of business. After correcting that upleg, its next job was to retrace back up to Tuesday”s last half-hour high. Now that upleg has been corrected, too. But did the overnight recovery has been corrected so the open can extend the overnight rally? If not, then the overnight rally corrected yesterday”s drop, so that the drop can now resume. We discussed parameters for both scenarios during the pre-open Market Tour, recorded here:
https://roddavid10.mitel-nhwc.com/join/bwzspcj

Posted in S&P