Pre-market Tour (recording & summary)
Payrolls reacted down a bit. A bit to the 100th degree. Just moments after finally probing between Wednesday night’s 1927.50-1929.50 highs, the report’s reaction was attacking 1900.00. That has since extended under yesterday’s 1890.25 low, down to 1885.50.
All downside attractions from yesterday are neutralized, so the question is whether more will be created. There’s the afternoon bias environment’s 1891.75 low, which could form a “session-long decline” setup. There’s Tuesday’s 1889.75 high, whose break through 9:45 would put into play a retest of everything below it.
Details and other markets coverage (other markets coverage is in a separate recording to be linked when available) are discussed in the post-market Wrap recording here:
https://roddavid10.mitel-nhwc.com/join/shwjzby -1-
https://roddavid10.mitel-nhwc.com/join/yptwmhf -2-
