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The reaction down from 2078 – If, Then… Market Timing

The reaction down from 2078

By Rod David | July 7, 2015 - 9:24 am

The reaction down from 2078 extended to 2063. Futures are unchanged, but that”s still positive territory compared to yesterday”s earlier, lower cash session close. Patterns that developed during the drop suggest that holding 2062-2063 through the opening 15 minutes can be important to resuming the rally quickly. Back above 2068.50 would target a retest of overnight highs. But not holding 2062-2063 could at least attack yesterday afternoon”s lows around 2053.25. Any lower would start targeting a probe under Sunday night”s lows. Here”s details in the pre-market Tour:
https://roddavid10.mitel-nhwc.com/join/rkbscby

Posted in S&P