Pre-market Tour (recording & summary)

SPECIAL NOTE: I’m away from the screens today between 1:30-3:15 ET… back for the final hour.

The pre-open bounce back up to 2062.00 resistance was retraced back down toward the 2052.25 overnight low. And then lower, now probing yesterday morning’s lows down to 2049.75.

The attraction to 2048.00 doesn’t require being touched since it’s not yet been put into play. Meanwhile, an opening rally template remains intact which is vulnerable to surging out of a gap down. Although 2048.00 would be cleaner, bouncing from a very early retest of the 2049.75 pre-open low could trend straight up into the bias timing window.

Otherwise, bias-down would get every benefit of the doubt if triggered. And 2048.00 would become more vulnerable to breaking sharply lower.

Details and other markets coverage are discussed in the pre-market Tour recording here:
https://roddavid10.mitel-nhwc.com/join/jrczmyt