Pre-market Tour (recording & summary)

The overnight surge up to 2205.75 has been corrected almost 8 points down to 2198.00. That barely threatened to touch Friday’s 2197.25 high. Isolating the probe under Friday’s low to the overnight is all the more likely. That does not prevent backing-and-filling into Friday’s range down to 2191.00-2193.00. But it would likely recover and extend above overnight highs so long as a post-open dip doesn’t interfere with triggering the 2195.00 bias-signal. Otherwise, there’s plenty of room below for deeper backing-and-filling.

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