Pre-market Tour (recording & summary)
The overnight rally’s extension above 1952.00-1953.00 to 1968.75 was retraced by 61.8% down to 1957.00. Recovering it up to 1966.00 has reacted back down almost entirely to 1958.50.
Gapping up doesn’t prevent trending straight down from the open. But not already retracing the open’s gap by 9:45 could all but marginalize sellers for the day.
Details and other markets coverage are discussed in the pre-market Tour recording here.
