Pre-market Tour (recording & summary)
The overnight slide that had originated just before Europe’s opens has extended sharply lower pre-open. This morning’s 2167.25 bias-down signal and its 2162.25 target are far exceeded down to 2157.50. Rallying back above the target and preferably also above 2164.25 through the open would suggest this morning will recover. Otherwise, a renewed bias-down target of 2155.00 might seem optimistic compared to how much room below there is, not to mention a potential air pocket.
Details and other markets coverage are discussed in the pre-market Tour recording here.
