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The overnight plunge”s reaction up – If, Then… Market Timing

The overnight plunge”s reaction up

By Rod David | April 14, 2015 - 9:25 am

The overnight plunge”s reaction up into yesterday”s range has not held. Unchanged around 2086 has pushed back down to 2081. Opening above yesterday”s 2085.25 low before probing yesterday”s low and then recovering it, would be a more bullish setup than recovering from a gap down from probing yesterday”s low. But both would be dangerous, because NOT recovering from probing yesterday”s low would trigger bias-down. More details at this morning”s pre-market Tour:
https://roddavid10.mitel-nhwc.com/join/fbffzyf

Posted in S&P