Tuesday morning”s 2101.75 bias-up target
Tuesday morning”s 2101.75 bias-up target was met into the noon hour. The afternoon”s bias-up signal didn”t trigger, but that didn”t prevent ultimately touching the 2105.50 objective discussed during the pre-market Tour. Other than the objectives of an eventual third higher close and to retest the highs, there is no specific higher calculable attraction.
Correcting down would create another swing and more complexity, from which specific higher targets could be calculated. The rally gained traction Tuesday afternoon, which allows it to rest on its laurels by retracing… within limitations.
More details and other market coverage were discussed during the post-market Wrap recording:
https://roddavid10.mitel-nhwc.com/join/zvvtzfc
Overnight chaRTroom links:
XP-Friendly: https://www.anymeeting.com/978-117-134
xp UN-friendly: https://roddavid10.mitel-nhwc.com/join/shkphyy
