Slow-playing strength before the open?
Slow-playing strength before the open? Aimless flat-to-lower ranging had been retraced to attack Sunday night”s 2110.50 opening peak. A reaction down to 2108 has recovered to attack that surge”s high. If this is “restrained optimism,” then immediate post-open strength through 2111-2112 would be credible for extending higher this morning. It would be vulnerable to whipsawing back down, of course, but much less so if maintained through 9:45. Whipsawing back down, or not even surging post-open, would remain vulnerable to probing the overnight low — perhaps to test 2101.50 or lower before the stretched rubber band can snap back up.
Here”s the pre-market Tour recording:
https://roddavid10.mitel-nhwc.com/join/fbfwxxy
