Pre-market Tour (recording & summary)
A relatively modest reaction to payrolls is ranging around this morning’s 2266.00 bias-up signal. Finally probing above yesterday’s highs isn’t necessarily bullish, not without also maintaining the probe through the open, and also extending higher to trigger the bias-up. All of which should start developing early, except for potentially dipping back down to yesterday’s ~2264.50 lower prior highs. Any indication that strong-handed sponsorship isn’t being attracted would instead be bearish.
Details and other markets coverage are discussed in the pre-market Tour recording here.
