Pre-market Tour (recording & summary)

Pre-open ranging is persisting between 2047.50-2052.00. Essentially resisted by the 2051.75 bias-down signal, and supported by optimism that is preventing a retest of yesterday afternoon’s 2046.00 low. Recall that this was only “obligatory support,” deeming any bounce off of it as only temporary — whether by 2 ticks, 2 points or 2 hours. Actually testing it should visit the 2044.50 “unfinished business below,” if not also 2039.00. Somehow not triggering bias-down would put into play fresh highs, and probably at an aggressive pace.

Details and other markets coverage are discussed in the pre-market Tour recording here.