Pre-market Tour (recording & summary)
The overnight rally to 2092.75 had been retraced to 2083.50, a constructive 61.8%. Surging from there to 2090.00 confirmed a relevant level had been met, if not also that a relevant leg had been added to the structure. Now the open is being greeted by another dip, this one testing 2086.00-2088.00 as support. Holding its test through the open would make the overnight rally likely to resume this morning. Not holding 2086.00-2088.00 would make a deeper correction likely, instead.
Details and other markets coverage are discussed in the pre-market Tour recording here:
https://roddavid10.mitel-nhwc.com/join/fbkmrch
