Overnight’s rally was retraced 61.8% through Fri’s open, probing 8 points back under the 7835 bias-up signal. But it was triggered when it mattered as the second half-hour bounced back…
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The door was kept open to another detour down, which has yet to confirm it isn’t gaining traction to be a more productive reversal. Recent lower prior highs at 7784…
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The A.M. renewed bias-up window’s weak-handed dip was brief before already recovering to fresh highs, so buyers weren’t very much refueled. This helps to explain why the noon hour’s reversal…
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The upleg remains very much intact, now in its third post-open consolidation: The first half-hour’s bull flag The A.M. bias window’s ascending triangle The noon hour P.M. window handoff The…
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The previous update noted that buyers had been thoroughly rewarded by their overnight rally and knee-jerk reaction to the pre-open Employment Situation report. It also warned that brief and shallow…
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he A.M. window and noon hour formed an inverted pivotal correction. Like a Head & Shoulders reversal, is resolution can resume the prevailing downtrend. Often at least the neckline’s 7712…
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The noon hour exit’s impressive attempt to reject Wed’s gap up was just absorbed through the P.M. bias window entry. The reversal attempt follows two consecutive timing windows that only…
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Lower and lower lows lack momentum and new traction. So, despite still probing relevant support through multiple timing windows, and isolating yet another bounce, there’s still no assurance of extending…
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