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This morning”s 2065 bias-down target – If, Then… Market Timing

This morning”s 2065 bias-down target

By Rod David | July 27, 2015 - 9:18 am

This morning”s 2065 bias-down target was tested moments after the First Trade blog update was posted. Its reaction up to 2069 was retraced entirely, as was a shallower bounce, forming a Descending Triangle. Now the pattern”s support at the 2065 bias-down target is being probed down to 2063.75. We discussed bottoming and extension setups and other markets coverage during the pre-market Tour, recorded here:
https://roddavid10.mitel-nhwc.com/join/wzjfvsc

Posted in S&P