Pre-market Tour (recording & summary)

The open is being greeted with the overnight rally still fluctuating at or above this morning’s 2141.00 bias-up target. Several points of room under it could be probed post-open before even suggesting that momentum may be reversing down — but reversing down is likely to be done aggressively, if the overnight rally is being reversed. Just backing-and-filling or hovering in positive territory would more likely reflect restrained optimism, which would be more bullish from a contrarian perspective.

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