Pre-market Tour (recording & summary)
Fulfilling the traction gained by yesterday afternoon’s rally all but requires compartmentalizing the overnight probe under yesterday’s 2076.25 and 2077.50 lows. Failing wouldn’t be for lack of trying, since the recovery from 2070.25 is now testing 2079.00. Near-term upside is likely to test 2086.25-2087.00, where the market can make a bigger bullish decision. But probing back under yesterday’s lows would be as bearish as its recovery is delayed.
Details and other markets coverage are discussed in the pre-market Tour recording here.
