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Category: Wrap

Closing WRAP..live recording link

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Closing WRAP
Friday Factors influence persisted into the weekend. The trend entrenched itself, although the Gap & Hover setup suggests the next session will correct back down temporarily. That’s less reliable after…
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Closing WRAP
Widespread favorable reactions to the start of the earnings season spread among other upcoming earnings to discount potentially favorable news. But earlier this week I began to identify more scheduled…
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Closing WRAP
As was suspected, noon hour’s pullback had corrected the rally without damaging its chart, and entering a window devoid of influential econ reports that would enable extending higher. Wed’s new…
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Closing WRAP
Tue’s new trend extreme close doesn’t satisfy Unfinished Business because it was under last week’s highs. Tue’s intraday highs didn’t even probe last week’s highs until post-close, which isn’t relevant….
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Closing WRAP
Staggered Iran headlines have influenced Fri’s session and Mon’s A.M. window. A relevant support at 7229 was overlapped through multiple timing windows, instead of extending lower to gain downside traction….
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Closing WRAP

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Closing WRAP
Thu’s eventual surge to new highs was the product of the overnight wide-ranging wind-up that forecasts its breakout to produce a sizable, relentless trend. It was also the product of…
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Closing WRAP
Perhaps the most important timing question for a bottom is whether Wed’s retests of Tue’s lows compensated for the delay and detour. Market Wrap describes how the A.M. window’s repeated…
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