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The overnight range has persisted – If, Then… Market Timing

The overnight range has persisted

By Rod David | June 8, 2015 - 9:21 am

The overnight range has persisted into the open. If any difference is relevant, it is that the range”s 2088.50 lower-end is being tested now, having held a retest of its 2093.50 upper-end. This morning”s pre-market Tour discussed the “standing stop” setup”s behavior on Mondays — Trending isn”t required to begin, beginning to trend can probe either end of the prior session”s range, and probing either end of the prior session”s range from a standing stop will then often reverse back to the range”s opposite end. Here”s the recording:
https://roddavid10.mitel-nhwc.com/join/mjvptxf

Posted in S&P