Pre-market Tour… Au contraire.
Sunday night’s initial rally to attack 1965.00 had been retraced already to 1946.50 ahead of Europe’s opens. That 3-4 point probe into negative territory was quickly recovered to attack 1960.00, but now 1946.50 is being attacked again. And the open is only minutes away. Exiting the open any lower would essentially put into play 1938.00-1939.00, or at least utilize the room for noise back down there. Otherwise, suddenly rallying at the open would be credible for extending higher — tentatively credible, but credible. Details and other markets coverage were discussed during the pre-market Tour here:
https://roddavid10.mitel-nhwc.com/join/rkbhmwh
