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The overnight pullback to 1967.25 – If, Then… Market Timing

The overnight pullback to 1967.25

By Rod David | August 28, 2015 - 9:19 am

The overnight pullback to 1967.25 had bounced temporarily to 1977 before failing. Its next bounce has attacked the 1979.50 bias-down signal to within 1 tick. Recovering 1980.50 would make the bias-down signal”s recovery likely, perhaps being today”s only chance at rallying. It”s otherwise likelier to trigger at 10:15. resuming the overnight decline.And we shouldn”t be surprised — at least be prepared — if that were to develop quickly enough and scarily enough to resume yesterday afternoon”s plunge, too… Details and other markets coverage were discussed during the pre-market Tour recorded here:
https://roddavid10.mitel-nhwc.com/join/vsxvfpf

Posted in S&P