Pre-market Tour (recording & summary)
Payrolls triggered a surge back to the 2062.75 overnight highs. It reacted back down to 2056.50, which was the target of yesterday’s late buy signal. The pre-market Tour began there, but our discussion of how to trade it was soon rendered moot as the reaction down extended to test 2047.00.
Okay, Plan B…
Exiting the opening 15 minutes above 2056.50 would be likely to trigger the 2053.50 bias-up signal at 10:15. Meanwhile, consider 2047.75 a preliminary indication for the opening 15 minutes of volatility. More so, its recovery after testing this morning’s 2044.75 bias-down signal would trigger a buy signal. I’
ll try to identify a sell signal higher than 2047.75 if the 2053.50 bias-up signal holds a test, first.
Details and other markets coverage are discussed in the pre-market Tour recording here:
https://roddavid10.mitel-nhwc.com/join/xmmpjbm
