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The overnight drop had recovered – If, Then… Market Timing

The overnight drop had recovered

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

The overnight drop had recovered back to its 2029 high before reacting down, now testing and retesting 2016. The opening 15 minutes of volatility can be predictive on expirations, but it need not trigger a signal. We still have a bearish WedEX signal waiting in the wings to influence this afternoon”s price action, assuming that it isn”t inverted, first. And we have a “new Globex trend extreme” that will require being retested at some point intraday. Details and other markets coverage are in the pre-market Tour, recorded here:
https://roddavid10.mitel-nhwc.com/join/shwyrwb

(Note: A technical issue during the recording might have truncated it.)

Posted in S&P