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Pre-market Tour (recording & summary) – If, Then… Market Timing

Pre-market Tour (recording & summary)

The overnight rally has extended to test the 2165.50 bias-up target, and to retest it by 1 point. Only 1-minute RSI became overbought on the original test, so it is now diverging negatively alone. Back under 2163.50 would be a compelling short-entry, being cognizant of a reversal down needing to be obvious much sooner rather than later. That could take the form of a post-open blip-up to fresh highs, first. But maintaining the gap up more than halfway through the opening 15 minutes of volatility would become exponentially less likely to reverse down.

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