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Pre-market Tour (recording & summary) – If, Then… Market Timing

Pre-market Tour (recording & summary)

Flat-to-higher narrow ranging is attacking yesterday’s 2163.00 cash session close. Repeatedly attacking it, each time stopping pessimistically short of actually touching it. That’s potentially bullish from a contrarian perspective. Unleashing the pent-up buying pressure at the open should surge through the 2165.00 overnight highs if this morning intends to recover. Otherwise, almost any delay or detour could test the 2156.00-2158.00 area, and begin a deeper decline.

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