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The overnight rally accelerated and – If, Then… Market Timing

The overnight rally accelerated and

By Rod David | August 5, 2015 - 9:14 am

The overnight rally accelerated and extended, probing 7 points above yesterday”s high at 2103.25. Now a pullback is testing this morning”s 2098.50 bias-up target as support. Holding 2095.50 or failing to hold it can be predictive of this morning”s price action, if not also for the day, since its resolution might invert a “session-long rally” setup. Details, consequences, and other market coverage were discussed during the pre-market Tour, recorded here:
https://roddavid10.mitel-nhwc.com/join/kfyrypj

Posted in S&P