Pre-market Tour (recording & summary)

Still no probe under the 2100.25 low that had printed overnight in sympathy with Asia’s opens — only its retest. That’s a optimism, which is bullish bearish from a contrarian perspective. So is the upleg underway from the Double Bottom, now testing 2114.00.

Recovering 2116.00-2116.50 through the open would make the 2117.50 bias-down signal much less likely to trigger at 10:15. Touching 2116.00-2116.50 and reversing back under 2111.50 would signal momentum reversing down. Back under 2109.00 at any time would signal the decline had resumed.

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