Pre-market Tour (recording & summary)
A head & shoulders had formed off of the 2013.75 overnight high down to 2009.00. It has broken lower to its 100% extension at 2006.25, but still has potential to its 2004.50 161.8% and 2001.75 261.8% extensions. But the overnight pattern’s influence can overlap intraday action only through the opening 15 minutes of volatility. And trending up through Friday afternoon’s 2014.25 high could point up for the morning, instead of down.
Details and other markets coverage are discussed in the pre-market Tour recording here:
https://roddavid10.mitel-nhwc.com/join/jrcpyzx
