The overnight recovery peaked at

The overnight recovery peaked at 24 points, reacting back down 9-1/2 points from 2058.25. An opening print above last week”s 2046.75-2047.50 lows would be a rally”s best chance, more so after recovering from a post open probe under those lows, and especially after converting that brief post-open dip into a fresh post-open high. All by 9:45… Last week”s lows need not break lower quickly to make overnight lows any likelier to be retested. Expending too much energy through the open avoiding last week”s lows, without also extending higher, would be ineffectual optimism — and potentially bearish from a contrarian perspective.

Here”s the pre-market Tour recording:
https://roddavid10.mitel-nhwc.com/join/zvvyrhk