Pre-market Tour (recording & summary)
A credible break down from the choppy overnight range should be obvious very earlier during the opening 15 minutes of volatility. Maintaining the range’s ~2122.50 lower end through the first 5-10 minutes would become likelier to at least probe above the overnight highs.
That was one of the basic message of this morning’s Tour. Which I repeated as we ended the recording, and the overnight range’s internal support was being probed. That developed into slicing through it to fresh lows, now touching 2120.00. So, just maintaining the break through the open, or not, may suffice for extending the decline.
Details and other markets coverage are discussed in the pre-market Tour recording here.
