Pre-market Tour (recording & summary)
The reaction down from touching Friday’s 2012.50 high has settled back in to the range’s 2006.00-2007.00 midpoint. That’s also where the past two sessions close, reflecting a degree of comfort there, if not also complacency. In either case, trending in one direction or the other is difficult to start, and difficult to predict, so be careful not to “force” trades just for the sake of trading. If trending attempts are less likely to extend, then they should be monitored for signs of reversing back into the range and possibly also to the range’s other end.
Details and other markets coverage are discussed in the pre-market Tour recording here:
https://roddavid10.mitel-nhwc.com/join/mjzrrkc
