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This morning”s 1970 bias-down signal – If, Then… Market Timing

This morning”s 1970 bias-down signal

By Rod David | August 31, 2015 - 9:20 am

This morning”s 1970 bias-down signal has seemed intent upon supporting pre-open price action. Post-open strength could test 1979-1981 before suggesting the bias-down signal won”t be triggered anyway by 10:15. Meanwhile, initial weakness back under 1969.50 and 1966.25 would more likely resume last night”s opening plunge, attracted further back down toward, to, or through Thursday”s 1944 low… Details and other markets coverage were discussed during the pre-market Tour recorded here:
https://roddavid10.mitel-nhwc.com/join/vsxvkyb

Posted in S&P