Pre-market Tour (recording & summary)

Recovering 7 points back up to the 2179.00 overnight high has since hovered patiently while awaiting the open. A valid breakout in this pattern should almost literally explode higher post-open, making early-entry a little more compelling. Maintaining a recovery above yesterday’s highs through this morning’s open would make this morning likely to probe fresh highs, such as unfinished business above at 2185.50. But NOT yet exploiting the opportunity to trend up would instead become likelier to repeat yesterday morning’s drop — perhaps less aggressively and more backing-and-filling, but a drop.

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