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Tonight’s chaRTroom link – If, Then… Market Timing

Tonight’s chaRTroom link

By Rod David | June 5, 2016 - 4:49 pm

Friday’s pre-open reaction to payrolls was a 14-point plunge. It extended through the open to a 23-point drop from overnight highs. Much of it was recovered through the post-open rally.

Will the recovery extend to fresh highs, or has it only refueled sellers for another downleg? The answer may be obvious tomorrow. Perhaps sooner — you can monitor Sunday night’s Globex open at 6pm ET:

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Posted in Bigger Picture, members-only