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The relatively shallow overnight rally – If, Then… Market Timing

The relatively shallow overnight rally

By Rod David | May 1, 2015 - 9:24 am

The relatively shallow overnight rally has attracted sponsorship, steepening ahead of the open. Weak hands, or strong hands? Strong, if yesterday afternoon”s 2090 high is recovered through the open. But failing to hold 2085.00-2086.50 would suggest this late emphasis is from impatient buyers, and that a dive back to yesterday”s 2070.25 low remains likely. Details are in this morning”s pre-market Tour,
https://roddavid10.mitel-nhwc.com/join/xmjmfmy

Posted in S&P