The First Trade & Pre-open Tour Recording… The precipice is starting back.

Proper context can start the day with a solid win and make all the difference.

DAILY SCHEDULE
First, watch the pre-open Tour recording HERE <<==
Then, meet in the chaRTroom here by 9:15 ET for updates and Q&A

Through the prior close…
Thursday’s 2665.50 open was a 10-point gap, but nearly 10 points under the overnight high. Which a post-open surge retested before the bias signal triggered. The balance of the session formed a series of wide-swinging lower lows and lower highs through the afternoon bias environment’s 2641.25 low. Bouncing into the position-squaring window held a retest of the bias environment’s 2659.00 high, settling mid-range to close at 2650.50.

Overnight action’s new info…
Globex had only ranged narrowly around 2650.50 for an hour when a Trump allegation headline triggered a slide down to attack 2627.00. Flat-to-lower ranging into Europe’s opens started sliding again to 2617.00. Reacting up is testing the earlier low up to 2629.50, still a double-digit loss from yesterday’s close.

If, then… (notes to accompany the Tour recording)
There’s nothing artificial about the pullback’s fresh lows greeting today’s open. But reinforcements have room down to 2612.00 or even to 2603.00 before confirming that the bigger decline has resumed with a more durable, productive break under October’s lows. To which the session will remain vulnerable even if the morning bounces, at least until a relevant timing window were to recover 2636.00.

First Trade…
[Click here to view the Bias parameters] Exiting the open at 9:45 under 2636.00 would be likely also to exceed this 2638.75 bias-down target through 10:15 to renew the bias-down signal.