Thursday”s late dip probed fresh

Thursday”s late dip probed fresh session lows. That left only one timing window not to probe its prior timing window”s low. And that qualifies Thursday as a “session-long decline.” Session-longs tend to extend through the following morning. That”s in-line with Wednesday morning”s signal for trending down through Friday morning.

Being a more recent signal and independent of Wednesday”s signal, NOT probing lower Friday morning would require significant bullish sponsorship. Not just an overnight rally or an opening bounce — either of these can resolve down to fresh lows — but actually triggering bias-up would be credible for extending higher. A lot higher.

Absent such meaningful strength, the question for Friday morning is how deep? There”s a lot of calculable support and a gap just 4 points lower at 2089. There”s a bigger attraction at 2084 down to 2082.50. Whichever, greeting the afternoon without yet rallying could extend the drop much more steeply into the close.

Here”s more detail in the post-market Wrap:
https://roddavid10.mitel-nhwc.com/join/pcrwwsp

Tonight”s chaRTroom links:
XP-Friendly: https://www.anymeeting.com/098-182-551
non-XP ilinc: https://roddavid10.mitel-nhwc.com/join/bfyytsh